Mitt Romney's Bain Capital 'earned' $342 million by bankrupting a company and firing 850 Floridians

you can add The Miami Herald to the list of people and organizations who Mitt Romney says are attacking free enterprise. That's because today's edition takes a look at how Bain Capital "earned" $342 million from investing $30 million in the acquisition of medical technology firm named Dade International. Despite profiting by hundreds of millions of dollars from the deal, Romney's company led Dade to bankruptcy, laying off thousands of workers throughout ... Full Story »

Posted by Dwight Rousu

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Randy Morrow
4.0
by Randy Morrow - Jan. 24, 2012

Perhaps he can convince Republicans that questioning how he managed to “earn” $342 million while bankrupting a company is the same thing as assaulting free enterprise, but he won’t be able to convince Americans of that.

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