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Thursday, 24 May 2012

Bain Capital Explained By Tony Soprano (VIDEO)

The national debate over private equity so far has hinged on the question of whether experience in the field qualifies Mitt Romney, the former Bain Capital executive, for the presidency. But a more vexing, and largely unanswered, question lies just beneath the surface: How is it, exactly, that an investment company can make millions even as the company it's ostensibly trying to turn around goes bust?

For that answer, we turned to what may seem like a less-than-reliable source: Tony Soprano.

The investors profit, it turns out, not despite the failure of the company, but in fact because of it.           More Read

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