Romney’s risk-free deal with Bain
Posted by Ezra Klein on July 17, 2012 at 11:16 am
WaPo
Still, Romney worried about the impact on his reputation if he proved unable to do the job. Again the pot was sweetened. Bain promised that, if necessary, he would craft a cover story saying that Romney’s return to Bain & Co. was needed because of his value as a consultant. ‘So,’ Bain explained, ‘there was no professional or financial risk.’ This time Romney said yes.”
Wednesday, July 18, 2012
THE FREE MARKET, MOTU VERSION
In theory, the free market relies on factual information to establish prices but this requirement doesn't apply to MOTU like Mittens:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment