Posts Tagged ‘robert reich explains bain capital’

Apr
2012
23

VIDEO: Reich Explains Romney’s Fortunes

In a video called, “How Did Mitt Romney Get So Extremely Rich?,” Robert Reich explains how private equity partnerships like Mitt Romney’s Bain Capital work. It is a quick and easy primer on how loopholes in the tax system allow private equity partnership managers to use other people’s money to buy up companies with much...