Most accounts of Bain Capital characterize the firm as full of hardworking young men who sought to find troubled companies, invest in them and turn them around. But as some disputes illuminate, the reality of Bain’s business in the early years is more complicated.
Polls show Romney isn’t connecting with voters. Has Obama defined him? An anti-Romney ad features a steelworker’s story of losing his wife to cancer right after a Bain restructuring cost him his job and his company medical insurance. And the month of July set new temperature records, but policymakers aren’t budging on climate change. These issues and more are debated on this week’s “Left, Right & Center.”
President Obama is to be applauded for questioning Mitt Romney’s legacy, although his motives seem to be as opportunistic as those of Romney’s opponents in the Republican primaries who took the same tack.
Newt Gingrich has made it clear that if he can’t be president, he’s going to try to take Mitt Romney down with him. But the former House speaker’s endless stream of attack ads could, perversely, end up strengthening the “Massachusetts Moderate,” who seems likely to survive the onslaught.