picking winners and losers, who's best Romney or mean ole governemt

Out of 77 companies in which Bain Capital invested other people’s money, 33 either failed or produced no earnings. That, my friends, is a 43% failure rate.

Out of 77 companies in which Romney invested, only 10 were really good investments. 70% of Bain’s earnings came from these 10 companies. And that, my friends, is only a 13% success rate.

Of course Romney/Bain made money from the failed companies as well. They stripped money out of those companies, money that should have gone to the people who actually put up the money. But that’s how vultures operate, by grabbing parts of rotting caucus.

Would the Romney administration do better than the Obama administration in advancing American industry, creating jobs, and investing in long-term winners? I think not.

Clean Technica 
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