Aaarrh! Did Captain Mitt Romney Pillage & Loot Companies?

Secret Message by Courier to His Majesty, King Obama the First, from His loyal spy, Picaroon Rumfustian, upon the Privateer Ship Bain:

Forgive me fer sayin’ so, Your Majesty, but I be thinkin’ ’tis  better to attack the evil brigand, Captain Mitt, where he is weak, rather than where he be strong.  A broadside on Captain Mitt’s business record ’tis like attacking the tip of a pirate’s cutlass with your forehead.

Mitt Romney corporate raiderDid Romney bankrupt companies?

In port, th’ town criers be sayin’ that Captain Mitt be a corporate raider who used leveraged buy-outs to “loot resources, lay-off thousands, and drive companies into bankruptcy.” If that be th’ same as makin’ ‘em all walk th’ plank, then I be obliged to say, ’tis unlikely, Sir.  Here be the four bankruptcies that ye be wantin’ Captain Mitt and the brigands of the Privateer Ship Bain t’ be answerin’ fer:

  1. American Pad and Paper (Ampad) – bought by Bain in 1992, went bankrupt in 2000.  (8 years later)
  2. Stage Stores – bought by Bain in 1988, went bankrupt in 2000.   (12 years later)
  3. GS Industries – bought by Bain in 1993, went bankrupt in 2001.  (8 years later)
  4. Dynamic Details – bought by Bain in 1997, went bankrupt in 2003.  (6 years later)

Read the rest over at AmericaNeedsMitt.com

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