Richard Shelby and JP Morgan, case in point.
Report Shows Financial Industry Gave $41 Million to Senate Banking Committee, Spent $344 Million on Lobbying to Influence Financial Reform
If Bain Capital and Blackstone are the hideous beast Hartmann portrays them as, please help me understand a couple of things.
Why has it stayed in business for nearly 30 years? Truly terrible companies fold after a few investment mistakes?
Why are many of the individual investors in Bain and Blackstone union pension funds? For that matter why are there any investors in these horrible companies?
Vegans beware, I am making a point. Mitt wants to get with TED, His HEAD is the same size as PRESIDENT OBAMA. This shot was with a 20 caliber airgun at 130 yards. I aimed 6 feet to the left and 6 feet HIGH. Right between the eyes. Dead Mourning Dove (tastes like LIVER)
So I went to a gun store to renew my FOID card and HAH? For $14,000 I can get a 50 caliber sniper rifle. Tell me $10,000 CASH wouldnt work?
It would be alot easier than the MOURNING DOVE SHOT!
Please, I VOTED FOR OBAMA- I am pointing out- WHO NEEDS A GUN LIKE THAT?
Tom - Somehow my message on VC and PE got deleted so here we go again. You are right about PE firms and how they operate - though PE firms do ask partners to participate in investment funds they manage so its not as clean as you present. More importantly ONLY Angel investors match your description of a good investor risking just their own money. VC firms raise investment funds just like PE firms and also invest their own money in them.
In 2006 (The start of Romney's running for President) Bain Capital (Sounds Familar) went out and financed Clear Channel. Maybe that's why Obama gets bad press and Mitt doesn't get bad press. Now isn't this the first level of Facism?