Tuesday, May 22, 2012

MR. NEGRIN MISSED HALF THE STORY

Matt Negrin of ABC News defends Mittens & Bain in this article but misses the target.  Negrin admits that:
Private-equity firms aren't supposed to create jobs; they're supposed to make money for their investors, which to a large extent include pension funds and university endowments.
Negrin ignored the fact that Mittens has often bragged about the number of jobs he created while he was at Bain.

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