
HuffPost
According to AllSides analysis, HuffPost has a tendency to use sensationalism in headlines, and to employ negative spin when reporting on Republicans and conservatives.
While CEO of Bain Capital, Mitt Romney said the firm "harvested" the companies in which it invested to produce a "significant profit," according to a new video obtained by Mother Jones.
The video of Romney, who made the remarks in 1985, was part of a CD-ROM produced in 1998 to celebrate the 25th anniversary of Bain & Company. In the video, Romney says, "Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit."
Bain Capital is in business to make a profit for its investors, so there's nothing eye-popping about promoting that fact. Financial buyers like Bain supply young companies with capital and connections, but will restructure operations and fire employees if necessary. Romney has touted his previous employer as a serious job-creator during his campaign for the presidency, saying the firm helped creat