Bain Capital Grapples With Increased Scrutiny15:39
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Thomas S. Monaghan, founder of Domino's Pizza, Inc., left, and Mitt Romney, then-managing director of Bain Capital, Inc., sign an agreement for Monaghan to sell a "significant portion" of his stake in the company to Bain Capital, in 1998. (AP)
Thomas S. Monaghan, founder of Domino's Pizza, Inc., left, and Mitt Romney, then-managing director of Bain Capital, Inc., sign an agreement for Monaghan to sell a "significant portion" of his stake in the company to Bain Capital, in 1998. (AP)

The private equity firm Bain Capital has been in an uncomfortable spotlight since its founder, Mitt Romney, began running for president.

As Scott Helman reports a Boston Globe article entitled "How Bain Capital is trying — reluctantly — to clean up its name:"

The firm, with $65 billion in assets, has been squarely in the political limelight ever since Romney’s Republican primary rivals began knocking his private-sector background as “vulture capitalism,” uncharitably describing his nearly 15-year tenure actively running the place. Often that light has not flattered, casting the company as an emblem of a lopsided system that’s great for the wealthy (sweet returns for executives, advantageous tax rates) but less so for the unwealthy (factory closures, layoffs, bankruptcies).

Guest:

  • Scott Helman, Boston Globe reporter and editor, Co-author, along with Michael Kranish, of "The Real Romney"

This segment aired on August 20, 2012.

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