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Originally posted by darkhorserider
reply to post by CyberTruth
This is a great question, because politically, I've been slightly leaning towards Obama, although I don't plan to vote for either one. BUT, in the context you lay out, I think I'd be more likely to hire Romney, so this was an eye-opener!
Of course, it depends on the role. I think I'd rather have Obama as an outside sales person, but I'd rather have Romney as a supervisor or manager of some sort.
In all reality, if it were my business, I could find better candidates than both of them! If it were my business, my bread and butter, I wouldn't settle for the lesser of two evils, I would advertise until I found the right person to fill the role. This is what the American Public needs to remember! We don't have to pick one or the other, we can keep interviewing applicants until we get the one that best fills our needs.
Much of the firm's profits was earned from a relatively small number of deals, with Bain Capital's overall success and failure rate being about even. One study of 68 deals that Bain Capital made up through the 1990s found that the firm lost money or broke even on 33 of them. Another study that looked at the eight-year period following 77 deals during the same time found that in 17 cases the company went bankrupt or out of business, and in 6 cases Bain Capital lost all its investment. But 10 deals were very successful and represented 70 percent of the total profits.
Originally posted by littled16
I would hire neither! In staffing my own company I would want someone who is not set in their ways and who is eager to learn so that I could train them to do their job in the way that I wanted them to do it.
Originally posted by Ghost375
I would hire Romney for a business.
I would hire Obama for president, if a businessman was running against him.
The ONLY thing scarier than Obama being president, is a businessman being president.
You know what, scratch all I said I didn't really answer your question....
If you were the boss and had to hire either Obama or Mitt to work for you, who would you select and why?
The answer would have to be Obama. Mitt seems like a man who wouldn't listen to my orders.edit on 1-11-2012 by Ghost375 because: (no reason given)
In his 2009 book The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy, Josh Kosman described Bain Capital as "notorious for its failure to plow profits back into its businesses," being the first large private-equity firm to derive a large fraction of its revenues from corporate dividends and other distributions. The revenue potential of this strategy, which may "starve" a company of capital was increased by a 1970s court ruling that allowed companies to consider the entire fair-market value of the company, instead of only their "hard assets", in determining how much money was available to pay dividends. In at least some instances, companies acquired by Bain borrowed money in order to increase their dividend payments, ultimately leading to the collapse of what had been financially stable businesses.