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Republicans rally around Romney after hits on Bain

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  • George Bronx, NY
    Jan. 12, 2012 4:58 p.m.

    @don17
    and how many years after romney left the company are these numbers from.

  • don17 Temecula, CA
    Jan. 12, 2012 3:45 p.m.

    Certain Individuals huff and puff and blow at Romney no matter what! Here are facts from Annual Reports(SEC Filed)and other direct source material on Bain Capital(Mitt Romney)involved companies.

    Company #Locations Revenue/Value Employees/Jobs

    Staples 1575us 24.5 Billion 90,000
    Dominos 9000 1.5 145,000
    ToysR Us 1600 13.7 70,000
    Guitar Center 223 1.8 10,000
    Dunkin Brands 16000 7.7 260,000
    Hopital Corp 275 32.0 168,000
    HD Supply 680 13.0 14,000
    Burger King 12000 2.5 39,000
    AMC Theaters 5300 scrreens 2.5 21,000
    Burlington CoatF 450 3.0 28,000
    Michaels Arts-C 1180 4.0 13,000
    Sports Authority 450 1.1 9,000

    Bain Invested in these companies when they were smaller weaker or near or in bankruptcy. This totals 48,643 properties paying taxes, 112.8 billion in value and 867,000 jobs and represents 12 companies. Bain has interest in 111 others! One poster refers to a few people who lost jobs. Not all investments succeed. Bain invests 66 Billion in private capital much from accounts held by retirees. These companies returned 10.7% average last year!

  • Pagan Salt Lake City, UT
    Jan. 12, 2012 3:17 p.m.

    The claim from the article is that Romney's job creation record is not perfect but 'darn good.'

    And if we has listened to this?

    **'Let Detroit Go Bankrupt' - By Mitt Romney - NY Times - 11/18/08

    Estimated Result:

    **'How Many Jobs Depend on the Big Three?' - By CATHERINE RAMPELL - NY Times - 11/17/08

    'In both cases, there would be major short-term shocks to employment; depending on which scenario you use, a contraction of the Detroit Three would result in direct and indirect job losses of 2.5 million to 3 million in 2009.'

    I fail to see how loosing yet ANOTHER 3 million American jobs ON TOP OF our current unemployment would be...

    'darn good.'

  • Pagan Salt Lake City, UT
    Jan. 12, 2012 3:15 p.m.

    'GREER, S.C. An array of Republicans and conservatives including some of Mitt Romney's sharpest critics rushed to the GOP presidential front-runner's defense Thursday to counter efforts to paint the former venture capitalist as a job-killer.' - Article

    **'Mitt Romney as job creator clashes with Bain record of job cuts' - By Lisa Lerer, Bloomberg News - Published by DSNews - 07/20/11

    "Employees who lost jobs at Bain-controlled companies more than a decade ago say they still hold Romney responsible.
    "I would not vote for him for anything," said Phyllis Detro, 68, who lost her job..."

    **'Romney Camp admits that its Bain Job Creation number is Bogus' - By Pat Garofalo - Think Progress - 01/04/2012

    **GOP rivals turn Romneys jobs record against him By Kasie Hunt AP Published by DSnews 01/09/2012

    A separate AP analysis found that at least 4,000 workers lost their jobs at 45 companies bought by Bain...'