Romney in 1985: Bain's Goal to 'Harvest' Companies for Profit

[Synthaholic]

Mother Jones for MVP!!!!



Romney in 1985: Bain's Goal to 'Harvest' Companies for Profit

Mitt Romney said that one of the goals of his private equity firm, Bain Capital, was to acquire companies and “harvest them at a significant profit,” according to a video from 1985 uncovered by Mother Jones magazine.

The video was part of a CD-ROM from 1998 that Bain used to celebrate the 25th anniversary of the firm.

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit,” he says in the video.


[ame=http://www.youtube.com/watch?v=0EsxNYXW5i8]Mitt Romney on Bain's plan to buy and "harvest" companies - YouTube[/ame]

 

[Synthaholic]

So, they view people's livelihoods as just organs, to be harvested and sold off.

That's just....awesome!

 

[Synthaholic]

"Oh....sweet Jesus!"

 

[CausingPAIN]

holy shit! Are the 47% the new potential clients for fleecing? For mitt Romney's Misadventure, will this crazy train ever END!

 

[Synthaholic]

Obviously, this contradicts Bishop Romney's repeated claims that they were buying companies to save them, and the jobs.

It also confirms why Bishop Romney cannot show the claimed number of American jobs saved.

 

[jasonnfree]

I'm not a Romney supporter, but I really didn't hear anything bad on video. Harvesting for profits could mean a lot of things.

Obviously, this contradicts Bishop Romney's repeated claims that they were buying companies to save them, and the jobs.

It also confirms why Bishop Romney cannot show the claimed number of American jobs saved.

 

[Katzndogz]

The democrat goal is to take whatever Romney has ever said and massage it into a negative. It will make up for obama's outright lies today.

 

[Trajan]

Mother Jones for MVP!!!!



Romney in 1985: Bain's Goal to 'Harvest' Companies for Profit

Mitt Romney said that one of the goals of his private equity firm, Bain Capital, was to acquire companies and “harvest them at a significant profit,” according to a video from 1985 uncovered by Mother Jones magazine.

The video was part of a CD-ROM from 1998 that Bain used to celebrate the 25th anniversary of the firm.

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit,” he says in the video.


Mitt Romney on Bain's plan to buy and "harvest" companies - YouTube

the ENTIRE TRANSCRIPT :

Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit…The fund was formed on September 30th of last year.

It's been about 10 months then. It was formed with $37 million in invested cash. An additional $50 million or so of what I'll call a call pool, which is money that we can call upon if the deals are large enough that they require more than a $2 or $3 million dollar initial investment. Why in the world did Bain and Company get involved in this kind of a business? We're not particularly noted for having years and years of experience in financing. Three reasons. We recognized that we had the potential to develop a significant and proprietary flow of business opportunities. Secondly, we had concepts and experience which would allow us to identify potential value and hidden value in a particular investment candidate. And third, we had the consulting resources and management skills and management resources to become actively involved in the companies we invested in to help them realize their potential value.


and whats wrong with this? oh, fixated on the shiny object that Mother Jones told you to focus on?


they are NOT a financial company, thats right, they are a MANAGEMENT co. that there after buying a company and either successfully or not returning them to, or making them profitable, SELL them.

See, thats how they make their money you tool.... oh wait, they don't sell them, they Harvest them...

inane imbeciles, the lot of you.







here, you want to see some out year harvesting IPAB- Independent Payment Advisory Board style?



[ame=http://www.youtube.com/watch?v=8Sp-VFBbjpE]IT'S PEOPLE! - YouTube[/ame]

hows that for mouth breathing idiocy that makes as little sense as Mother Jones eh?

 

[Synthaholic]

Mother Jones for MVP!!!!



Romney in 1985: Bain's Goal to 'Harvest' Companies for Profit

Mitt Romney said that one of the goals of his private equity firm, Bain Capital, was to acquire companies and “harvest them at a significant profit,” according to a video from 1985 uncovered by Mother Jones magazine.

The video was part of a CD-ROM from 1998 that Bain used to celebrate the 25th anniversary of the firm.

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit,” he says in the video.


Mitt Romney on Bain's plan to buy and "harvest" companies - YouTube

the ENTIRE TRANSCRIPT :

Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit…The fund was formed on September 30th of last year.

It's been about 10 months then. It was formed with $37 million in invested cash. An additional $50 million or so of what I'll call a call pool, which is money that we can call upon if the deals are large enough that they require more than a $2 or $3 million dollar initial investment. Why in the world did Bain and Company get involved in this kind of a business? We're not particularly noted for having years and years of experience in financing. Three reasons. We recognized that we had the potential to develop a significant and proprietary flow of business opportunities. Secondly, we had concepts and experience which would allow us to identify potential value and hidden value in a particular investment candidate. And third, we had the consulting resources and management skills and management resources to become actively involved in the companies we invested in to help them realize their potential value.


and whats wrong with this? oh, fixated on the shiny object that Mother Jones told you to focus on?


they are NOT a financial company, thats right, they are a MANAGEMENT co. that there after buying a company and either successfully or not returning them to, or making them profitable, SELL them.

See, thats how they make their money you tool.... oh wait, they don't sell them, they Harvest them...

inane imbeciles, the lot of you.







here, you want to see some out year harvesting IPAB- Independent Payment Advisory Board style?



[ame=http://www.youtube.com/watch?v=8Sp-VFBbjpE]IT'S PEOPLE! - YouTube[/ame]

hows that for mouth breathing idiocy that makes as little sense as Mother Jones eh?

Name ONE company that Bain harvested in which the U.S. workers ended up better off, with better wages and more job security.

And when you can't find one, come back here, man the fuck up, and admit it.

 

[Mr. Peepers]

TRANSCRIPT: Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit…The fund was formed on September 30th of last year. It's been about 10 months then. It was formed with $37 million in invested cash. An additional $50 million or so of what I'll call a call pool, which is money that we can call upon if the deals are large enough that they require more than a $2 or $3 million dollar initial investment. Why in the world did Bain and Company get involved in this kind of a business? We're not particularly noted for having years and years of experience in financing. Three reasons. We recognized that we had the potential to develop a significant and proprietary flow of business opportunities. Secondly, we had concepts and experience which would allow us to identify potential value and hidden value in a particular investment candidate. And third, we had the consulting resources and management skills and management resources to become actively involved in the companies we invested in to help them realize their potential value.

NEW ROMNEY VIDEO: In 1985, He Said Bain Would "Harvest" Companies for Profits | Mother Jones

 

[Trajan]

TRANSCRIPT: Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit…The fund was formed on September 30th of last year. It's been about 10 months then. It was formed with $37 million in invested cash. An additional $50 million or so of what I'll call a call pool, which is money that we can call upon if the deals are large enough that they require more than a $2 or $3 million dollar initial investment. Why in the world did Bain and Company get involved in this kind of a business? We're not particularly noted for having years and years of experience in financing. Three reasons. We recognized that we had the potential to develop a significant and proprietary flow of business opportunities. Secondly, we had concepts and experience which would allow us to identify potential value and hidden value in a particular investment candidate. And third, we had the consulting resources and management skills and management resources to become actively involved in the companies we invested in to help them realize their potential value.

NEW ROMNEY VIDEO: In 1985, He Said Bain Would "Harvest" Companies for Profits | Mother Jones

hooboy, someone else that lets the media fo their thinking for them

 

[Ravi]

Harvest meaning what?

 

[Ravi]

It sounds so invasion of the body snatchers like.

There is no doubt in my mind that Mitten wants to "harvest" the USA.

 

[Trajan]

Mother Jones for MVP!!!!



Romney in 1985: Bain's Goal to 'Harvest' Companies for Profit

Mitt Romney said that one of the goals of his private equity firm, Bain Capital, was to acquire companies and “harvest them at a significant profit,” according to a video from 1985 uncovered by Mother Jones magazine.

The video was part of a CD-ROM from 1998 that Bain used to celebrate the 25th anniversary of the firm.

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit,” he says in the video.


Mitt Romney on Bain's plan to buy and "harvest" companies - YouTube

the ENTIRE TRANSCRIPT :

Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit…The fund was formed on September 30th of last year.

It's been about 10 months then. It was formed with $37 million in invested cash. An additional $50 million or so of what I'll call a call pool, which is money that we can call upon if the deals are large enough that they require more than a $2 or $3 million dollar initial investment. Why in the world did Bain and Company get involved in this kind of a business? We're not particularly noted for having years and years of experience in financing. Three reasons. We recognized that we had the potential to develop a significant and proprietary flow of business opportunities. Secondly, we had concepts and experience which would allow us to identify potential value and hidden value in a particular investment candidate. And third, we had the consulting resources and management skills and management resources to become actively involved in the companies we invested in to help them realize their potential value.


and whats wrong with this? oh, fixated on the shiny object that Mother Jones told you to focus on?


they are NOT a financial company, thats right, they are a MANAGEMENT co. that there after buying a company and either successfully or not returning them to, or making them profitable, SELL them.

See, thats how they make their money you tool.... oh wait, they don't sell them, they Harvest them...

inane imbeciles, the lot of you.







here, you want to see some out year harvesting IPAB- Independent Payment Advisory Board style?



[ame=http://www.youtube.com/watch?v=8Sp-VFBbjpE]IT'S PEOPLE! - YouTube[/ame]

hows that for mouth breathing idiocy that makes as little sense as Mother Jones eh?

Name ONE company that Bain harvested in which the U.S. workers ended up better off, with better wages and more job security.

And when you can't find one, come back here, man the fuck up, and admit it.

I can think of several that we have already discussed there the last time Bain was trashed, so pardon me if I don't run right out to educate you, do it yourself,.
you weren't to lazy to post this inane shit, google is your friend



Harvested, you learned a new word.

 

[chikenwing]

Obviously, this contradicts Bishop Romney's repeated claims that they were buying companies to save them, and the jobs.

It also confirms why Bishop Romney cannot show the claimed number of American jobs saved.

Good god you people are painfully ignorant, capital investment companies buy and sell that's what they do,you can't sell a company for much of a profit if it is failing.

And please show how this proves anything but your willful dishonesty?

 

[Trajan]

Harvest meaning what?

as in sell to ....you know, like make money?

 

[Dont Taz Me Bro]

Mother Jones for MVP!!!!



Romney in 1985: Bain's Goal to 'Harvest' Companies for Profit

Mitt Romney said that one of the goals of his private equity firm, Bain Capital, was to acquire companies and “harvest them at a significant profit,” according to a video from 1985 uncovered by Mother Jones magazine.

The video was part of a CD-ROM from 1998 that Bain used to celebrate the 25th anniversary of the firm.

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit,” he says in the video.

So what?

Oh, that's right. In the world of Marxists profit is evil and nobody should be allowed to make one.

 

[jasonnfree]

C'mon both sides lie. Both candidates are candidates because they won't do anything to harm the wealth of the top 400 or so wealthiest people in the country or the major corporations. Look at Obama's appointments. All wall street, corporate america, and free traders for the most part. Our only issue is which side can help the little guy from time to time, and I believe the democrats are better in this department. And it's still unknow what McCain might have done, but with Obama in we didn't fall over a cliff and maybe things will keep getting better. Romney's inexperienced and he's not very stable. He's taken both sides of any position at one time or other.

The democrat goal is to take whatever Romney has ever said and massage it into a negative. It will make up for obama's outright lies today.

 

[OKTexas]

TRANSCRIPT: Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit…The fund was formed on September 30th of last year. It's been about 10 months then. It was formed with $37 million in invested cash. An additional $50 million or so of what I'll call a call pool, which is money that we can call upon if the deals are large enough that they require more than a $2 or $3 million dollar initial investment. Why in the world did Bain and Company get involved in this kind of a business? We're not particularly noted for having years and years of experience in financing. Three reasons. We recognized that we had the potential to develop a significant and proprietary flow of business opportunities. Secondly, we had concepts and experience which would allow us to identify potential value and hidden value in a particular investment candidate. And third, we had the consulting resources and management skills and management resources to become actively involved in the companies we invested in to help them realize their potential value.

NEW ROMNEY VIDEO: In 1985, He Said Bain Would "Harvest" Companies for Profits | Mother Jones

OMG! STOP THE FREAKING PRESSES, VENTURE CAPITAL FIRM CAUGHT DONING WHAT VENTURE CAPITAL COMPANIES DO.

Are you for real??

 

[Conservative]

Mother Jones for MVP!!!!



Romney in 1985: Bain's Goal to 'Harvest' Companies for Profit

Mitt Romney said that one of the goals of his private equity firm, Bain Capital, was to acquire companies and “harvest them at a significant profit,” according to a video from 1985 uncovered by Mother Jones magazine.

The video was part of a CD-ROM from 1998 that Bain used to celebrate the 25th anniversary of the firm.

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit,” he says in the video.


Mitt Romney on Bain's plan to buy and "harvest" companies - YouTube

you act like this is a bad thing, or illegal.

Venture capitalism.. look it up, dumb ass.

You buy into a company, build it into a stronger company, and sell at a profit when you've done so.

It's what makes America go.