"Gillespie claimed that “less than 5 percent” of Bain’s investments “ended up in bankruptcy.” But that’s what Bain claims occurred over its entire 28-year history. The Wall Street Journal reported that 22 percent of companies “Bain invested in while Mr. Romney led the firm” filed for bankruptcy or went out of business, and another 8 percent lost all of the money that Bain had invested.
Gillespie said “80 percent of the companies [Romney] invested in grew.” Again, Bain was referring to its entire 28-year history — not just the 14-year period when Romney was in charge. There is no separate accounting of revenue growth at Bain-owned companies during Romney’s years.
they are still restructuring the numbers to include non Romney influence".
"Bain is referring to 350 companies that it invested in over a 28-year period, and it is including only companies that filed for bankruptcy “while under our control.” But the Wall Street Journal tracked the success or failure of 77 companies in which Bain invested from 1984 to February 1999, when Romney was in charge".
"Likewise, Gillespie misrepresented Bain’s letter when he said of Romney: “The fact is 80 percent of the companies he invested in grew.” Once again, the Bain letter referred to its entire 28-year history".
padding the record does not Presidential capability make. he sure has no qualms about his religious tenet's he lies, and turns a careless eye and ear to it. escalator down?
sniper capitalist are not the fair minded equally concerned for all, not willing to always willing to err on the side of corporational interest. i've said it before ultra rich should not hold the reins of gov't, they will never introduce or past legislation that will hurt their elite status, especially when their party is inclined to take it from "we the people". please click title
