What Bain News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hartigan has been hit by a fierce backlash over plans to sell the 178-year-old mutual to US private equity giant Bain - and he is exasperated.

That's particularly true for a little financial company called bain capital, founded and headed the up for 15 years by mitt romney. what bain does is rain tens of millions of dollars, invest into businesses, give some business advice, and sell their shares to the public at a profit. in other words, this is a company that became one of the top private equity firms today. and in the process, they helped revolutionize american capitalism, which has been a boon for private equity and some of their shareholders and often not so great for everyone else. >> that bain capital acquired a company, in es...

That's particularly true for a little financial company called bain capital, founded and headed the up for 15 years by mitt romney. what bain does is rain tens of millions of dollars, invest into businesses, give some business advice, and sell their shares to the public at a profit. in other words, this is a company that became one of the top private equity firms today. and in the process, they helped revolutionize american capitalism, which has been a boon for private equity and some of their shareholders and often not so great for everyone else. >> that bain capital acquired a company, in es...

That ad from these conservatives supporting newt gingrich's candidacy looks exactly like the president's criticism and attack ads against bain and against mitt romney, which just shows you where we're at. we look at so many things through a partisan lens, but the truth is there are so many larg larger realities in this race. people concerned about jobs and employment have a very negative view of what bain and these companies did. and that's bipartisan. >> and that was a view that was shaped first by republicans in the primary battle. perry bacon, what is your favorite? >> the ron paul ad. >> t...

And tried to define romney in the space between the primaries and the conventions when romney was a blank slate. people didn't know who he was. you heard a story you told about bain capital that romney didn't counter and didn't even counter at the conventions really. he didn't really explain what bain did. >> he personally didn't. other speakers did. >> they tried. in a way that would say i'm going to do for you what i did for all of these wealthy investors. somehow i'm going to make you better off and i think that the democratic advertising has helped. now, hasn't helped that much because oba...