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Old 03-10-2012, 02:26 PM
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Default Tough, Yes..."Unscrupulous", No Way

Quote:
Originally Posted by buggyone View Post
Yes, I would say that Romney is an unscrupulous businessman. However, just ask any person of a company that Romney's company took over, raided, sold all assets, and fired the employees while claiming a paper loss and gaining corporate wealth if that is a man with scruples or not.
You folks don't have a clue on how the private equity business works, or the broader economic benefits it can provide. Romney and his firm produced excellent results for their investors. In the process, they created thousands more jobs than were eliminated. Were they tough owner/managers? Yes. We're they dishonest, immoral or unscrupulous? No one has made that allegation with any kind of empirical support.