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Originally Posted by billethkid
...The process is exactly why/how Jack Welch earned the name 'neutron Jack'...
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Exactly right, Billie.
By the way, has Rick Perry completely forgotten that he was in exactly the same "investment business" that he now criticizes Mitt Romney for? Perry created two state-sponsored investment funds, the Texas Enterprise Fund and the Texas Emerging Technologies Fund. His record in using those pools of money--money which came from the taxpayers of Texas--was considerably less skillful and had much worse results than Bain Capital. Perry even oversaw one of Texas' larger investments from these funds, a large investment in Countrywide Financial, the mortgage company that went bust and had to be liquidated and sold to Bank of America, losing the complete investment of taxpayer money.
Now he's criticizing Romney for vulture capitalism? Here, read this...
http://www.washingtonpost.com/blogs/...kViL_blog.html
Why doesn't someone ask Perry why, as the kettle, he has any right to call Romney's pot black?