Word: bains
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...Huckabee's convincing victory was as if Bain Capital had lost a takeover bid to George Bailey. For many at Romney's somewhat subdued "victory party," the idea that such a rational and well-researched plan could be upset by, as one woman put it, "a country sleaze" simply did not compute. Mitt Romney's concession was just being announced on CNN as precinct captains shook their heads. Some exclaimed, in the same polite sub-profanities that Romney might use: "Bull!" "Darn!" Somewhere, perhaps, even, "H-E-double hockey sticks!" Told that Fox News had just made a similar announcement...
...started in pinstripes, most notably as the founder of the private equity firm Bain Capital. His eye for markets—invisible to conventional wisdom—spurred him to back hopeless startups like Staples, Domino’s Pizza, and Sports Authority. CEO Romney grew an initial $37 million and seven-person staff to an impressive $4 billion and 115-person staff. During his fourteen-year tenure, Romney averaged an annual internal rate of return on realized investments of 113 percent...
...robber baron” to some. When Romney ran against Sen. Edward M Kennedy ’54-’56 (D-Mass.) in 1994, Kennedy skewered the newbie with TV ads blasting Romney over an Indiana company’s layoffs prompted by then owner, Bain Capital. (Romney was on leave from Bain during the firings...
...Romney applies his data-driven approach to good causes. In July 1996, Bain Managing Director Robert Gay told Romney that Gay’s 14-year-old daughter had gone missing in New York City. Immediately, Romney closed Bain’s Boston office, shipped most of its 30 employees to New York City, and established a command center in a hotel, where they wrote a five-part plan. Romney recruited 250 people from associated Wall Street firms to help with the search. Together, they posted 250,000 flyers with the girl’s picture throughout the city...
...dead by a council of alumni of the Class of 1967. The coronary report seems to indicate a deadly tonic of apathy, greed, self-interest, and postmodern irony. But perhaps the biggest threat to Harvard’s political vibrancy isn’t lurking in the hallways of Bain Capital Group or in the sinister transmissions of Stephen Colbert. Perhaps the cause of death was not murder, but suicide. The guilty party? A group nominally committed to “engaging young people in politics and public service:” the insidiously-named Institute of Politics...