Bain Capital: Buyout Profits Keep Flowing to Romney

[Toro]

So, based on The New York Times article, does anyone honestly believe that Romney does not continue to have considerable management influence with Bain Capital? IF you expect to provide an intelligent response, I highly suggest you read the entire article.

Mitt Romney has no management influence with Bain Capital. He receives a small piece of the economics as a founder but has no control over the management of the company. This is not uncommon with investment management firms. Nowhere in the article does it say he has any influence. It would be highly unusual if he did.

 

[Conservative]

So, based on The New York Times article, does anyone honestly believe that Romney does not continue to have considerable management influence with Bain Capital? IF you expect to provide an intelligent response, I highly suggest you read the entire article.

Yes, everyone with even 1/2 a brain, Shitting Bull.

NOWHERE in that article does it state Romney has any remaining control at Bain Capital. It specifically states the opposite.

 

[blastoff]

Aw, gotta love the wingnut spin...

No spin.
A profit-sharing retirement plan isn't very uncommon.

Class-Envy suits you, tho....

Not to mention 100% legal.

 

[hortysir]

I have no doubt that Romney continues to wield considerable clout with the company he co-founded.

I am sure you DO believe that.


Proof?

Only Romney and the Bain boys know the details.

Didn't stop you from spouting your left-leaning prophecies

 

[Soggy in NOLA]

So, according to The New York Times, Romney never really left Bain Capital and continues to be a major stakeholder.

So?

 

[Sallow]

dumb ass

Once again, you left off the next sentence:

But behind the scenes, Mr. Romney had negotiated his retirement agreement. Although he would no longer be a partner, he would continue to be paid a part of the firm’s profits in buyout deals and other businesses, much as active partners were.

RETIREMENT. As in, no longer employed by.

Dumb ass.

What "retirement" deal includes being paid part of the profits of ongoing deals?

That sounds like Cheney's "retirement" plan from Halliburton.

But nothing like what the Average Joe sees.

 

[Toro]

Once again, you left off the next sentence:

RETIREMENT. As in, no longer employed by.

Dumb ass.

What "retirement" deal includes being paid part of the profits of ongoing deals?

That sounds like Cheney's "retirement" plan from Halliburton.

But nothing like what the Average Joe sees.

He owns a piece of the company so he gets a slice of the profits. It's common.

 

[Swagger]

Isn't being in receipt of profits from Bain Capital part of a contractual agreement between Romney and Bain Capital due to the amount of success he generated for the firm during his tenure as CEO? If so, and bearing in mind it's a contractual agreement between a private enterprise and a private citizen, how is it any of anyone's business? I mean, surely Obama continues to profit from his book sales, which are based on a contractual agreement made between a private company (in this case a publishing house) and a private citizen?

 

[Claudette]

RETIREMENT. As in, no longer employed by.

Dumb ass.

What "retirement" deal includes being paid part of the profits of ongoing deals?

That sounds like Cheney's "retirement" plan from Halliburton.

But nothing like what the Average Joe sees.

He owns a piece of the company so he gets a slice of the profits. It's common.

Yep. Way common.

What happend to Shitting Bull??

Guess the facts scared her sorry ass off.

Funny how that happens.

 

[hortysir]

Isn't being in receipt of profits from Bain Capital part of a contractual agreement between Romney and Bain Capital due to the amount of success he generated for the firm during his tenure as CEO? If so, and bearing in mind it's a contractual agreement between a private enterprise and a private citizen, how is it any of anyone's business? I mean, surely Obama continues to profit from his book sales, which are based on a contractual agreement made between a private company (in this case a publishing house) and a private citizen?

Facts belong elsewhere.

NEVER in a Lakhunta thread.

 

[Katzndogz]

He's still being paid for the work he did. That's as it should be. The company is still receiving a benefit from what he did.

 

[Lakhota]

 

[Lakhota]

 

[buckeye45_73]

Once again, you left off the next sentence:

RETIREMENT. As in, no longer employed by.

Dumb ass.

What "retirement" deal includes being paid part of the profits of ongoing deals?

That sounds like Cheney's "retirement" plan from Halliburton.

But nothing like what the Average Joe sees.

And neither are the politicians, union bosses, you gotta have context man. Be honest and do be a cafeteria political pawn.
Again you dont like rich people, and then in some other thread you'll say you didnt say anything to the kind, but you just attack. What about Hollywood, should they get the money they make there?

 

[Lakhota]

 

[hortysir]

You can bump your bullshit all you want, Lakunta.

Even Obama's sweetheart CNN has debunked the charges.

 

[Stephanie]

So, based on The New York Times article, does anyone honestly believe that Romney does not continue to have considerable management influence with Bain Capital? IF you expect to provide an intelligent response, I highly suggest you read the entire article.

omfriggengawd, so what if he did...
who'd bother reading anything you post just because this time it's from the new york slimes

 

[bripat9643]

By NICHOLAS CONFESSORE, CHRISTOPHER DREW and JULIE CRESWELL

Almost 13 years ago, Mitt Romney left Bain Capital, the successful private equity firm he had helped start, and moved to Utah to rescue the Salt Lake City Olympic Games and begin a second career in public life.

Yet when it came to his considerable personal wealth, Mr. Romney never really left Bain.

In what would be the final deal of his private equity career, he negotiated a retirement agreement with his former partners that has paid him a share of Bain’s profits ever since, bringing the Romney family millions of dollars in income each year and bolstering the fortune that has helped finance Mr. Romney’s political aspirations.

The arrangement allowed Mr. Romney to pursue his career in public life while enjoying much of the financial upside of being a Bain partner as the company grew into a global investing behemoth.

More: Buyout Profits Keep Flowing to Romney - The New York Times

So? It sounds like a union job to me.

 

[Stephanie]

CNN: Obama's Bain Push 'Doesn't Appear To Be True'

CNN video at site, couldn't bring it over

CNN: Obama Camp's Bain Push 'Doesn't Appear To Be True'

 

[Lakhota]

CNN: Obama's Bain Push 'Doesn't Appear To Be True'

CNN video at site, couldn't bring it over

CNN: Obama Camp's Bain Push 'Doesn't Appear To Be True'

Breitbart? Holy shit. Is this the same four Bain employees backing up Romney's spin?