[citation][nom]Catswold[/nom]Romney's Bain Capital invested PRIVATE MONEY in.[/citation]
1985-1999 (CEO and principal owner til 2003)
1991 – Mothercare, Bain offloaded in 1993, bankrupt soon thereafter, Bain reaped $1.5 million in fees.
1992 – American Pad & Paper bankrupt in 2000, Bain reaped $107 million
1994 – Dade International bankrupt in 2002, debt of 1.5 billion, Bain reaped $216 million, 1700 people lost jobs
1993 – GS Industries bankrupt in 2001, debt of $554 million, Bain reaped over $65 million, 750 jobs lost
1988 – Stage Stores bankrupt with $600 million debt.
1996 – Ddi Corporation, Bain reaped over $100 million, 275 jobs lost
2000 – KB Toys – Bain reaped $83 million, 3500 jobs lost
2000 – Cambridge Industries bankrupt, debt of $300 million, Bain reaped over $16 million.
Outside of Mitt’s tenure of Bain
2004 – Anthony Crane bankrupt, Bain reaped over $12 million.
2012 - Sensata Technologies – Owned by Bain – Outsourcing 170 jobs to China.
There were more information, but after an hour of looking up this info, you can look up the rest yourselves.
These are some of the losses that are directly attributable to Bain and Romney. Not to mention the fact that with the leveraged buyouts that Romney and Bain used to leverage the debt of these companies, creditors were left with the debt riddled companies that eventually went bankrupt. The money that Bain borrowed against their leverage debt was insured by taxpayers, so claiming this was all private money is a fallacy.
All of the industries listed for and against Bain and Romney are existing business, please state what jobs were officially created as most of those business listed had existing employees, Bain tends to downsize many companies or ship jobs overseas to insure that they get their fees paid to the detriment of the workers. The so-called number of jobs created by Romney isn't so clear once you subtract all those jobs lost and the existing jobs at the time, unless you are foolhardy to claim all those jobs were created by Bain that existed under those companies, which is probably where they originally got their 100,000 job number...
Obama has created over 5.2 million private sector jobs within the last 3.x years. There's a good chance that Romney will just leverage the US economy so that he makes out like a bandit, if prior behavior is anything to go by.