Word: bain
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...decide to brave the stores the day after Thanksgiving for the traditional early-bird specials may not be in a spending mood. Americans are facing higher food, gas and energy prices this year, expenses that make up close to 20% of the typical consumer budget, according to Bain & Company's retail holiday report. And many people are feeling the pinch from the continuing credit crunch, including higher mortgage costs and the depreciation in home values. "Consumers have the highest debt they have ever had with 24 months of negative savings," says Howard Davidowitz, chairman of Davidowitz & Associates Inc., a national...
...Romney told the Wall Street Journal last week that if he is elected President, he will "probably" hire McKinsey, the management-consulting firm, to tell him how to reorganize the government. "I'm not kidding," he said, tactfully adding that it might be another management-consulting firm such as Bain (where Romney worked for years and where he got rich) or the Boston Consulting Group. Or he just might call on Jack Welch, who retired years back as CEO of General Electric but has yet to be replaced in the Lee Iacocca Chair as America's semiofficial Business...
...alone: “Pretty much all my friends, I would say like nine out of ten, are either pre-med or finance and consulting,” Kouyoumdjian says. “One of my friends who’s pre-med just had a Bain [& Company] interview. You see people at the presentations, and you’re like, wait a minute, I thought you were [Romance Languages and Literatures]!” The corporate path is so well-trodden that it’s almost a given Harvard students will take it, and the feeling of obligation...
...Bain and Suffering,” Sahil K. Mahtani (column, Oct. 5) takes me to task for recommending a conservative great books core curriculum for college students, including those at Harvard. I don’t know where Mahtani got that idea. Certainly not from my Wall Street Journal article, “Our Compassless Colleges”, where he purports to find...
...mind, they cite not only Romney's strong family values and faithful recitation of the conservative gospel - no new taxes, no gay marriage, no abortion. But also, in an appeal to the business and technocrat wings of the party, they point to his record as founder and CEO of Bain Capital, his management of the Salt Lake City Olympics and track record as a turnaround artist. "That kind of experience," DeMoss wrote, "convinces me Mitt Romney could lead, manage and govern America during a critical time in world history...