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Readings in the real romney. here's how it happened. bain, bill bain proposed romney would become the head of a new company to be called bain capital with seed money from bill bain and other partners at bain and company. bain capital would raise tens of millions of dollars, invest in start-ups and troubled businesses, apply bain's brand of management advice and then resell the revitalized companies or sell their shares to the public for a profit. romney explained to bain that he didn't want to risk his position, earnings, and reputation on an experiment. so bain sweetened the pot. bill bain gu...

Again turn to the real romney. readings in the real romney. here's how it happened. bain, bill bain proposed romney would become the head of a new company to be called bain capital with seed money from bill bain and other partners at bain and company. bain capital would raise tens of millions of dollars, invest in start-ups and troubled businesses, apply bain's brand of management advice and then resell the revitalized companies or sell their shares to the public for a profit. romney explained to bain that he didn't want to risk his position, earnings, and reputation on an experiment. so bain ...

But it didn't matter to romney where the money was coming from, he knew there was little risk to him in starting his investment fund. he was assured by his boss bill bain back in 1984 that starting up bain capital would be a non-risk prospect for romney. ezra klein at the washington post writes, romney would get his old job and salary back plus any raises he would have earned during his absence. and bain promised that if necessary he would craft a cover story saying that romney's return to bain and company was needed because of his value as a consultant. so there was no professional or financi...