It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
We have twice knocked Romney for his unsupported and highly questionable claim that “net-net” he created 100,000 jobs while at Bain. There’s no thorough count of the jobs gained and lost in all the companies in which Bain invested. And Romney is taking credit for all of the present day jobs at some of the companies, even when there were other investors involved in the deals, executives who launched or ran the companies, and new owners altogether in later years.
A Wall Street Journal analysis of 77 businesses Bain invested in while Romney led the firm found that 22 percent either filed for bankruptcy reorganization or closed their doors by the end of the eighth year after Bain first invested (although in many cases, that was after Bain had parted with the companies).t