Mitt Romney’s “Vulture Capitalism” at Bain Capital

Videos Highlighting The Latest Search Trends.
Jan. 12 2012 3:25 PM

Mitt Romney’s “Vulture Capitalism” at Bain Capital

Mitt Romney’s Bain may become Mitt Romney’s bane.

The former Massachusetts governor has been introducing a new narrative into his speeches: that he is defending of free enterprise against a destructive host of Obama and his and the president's policy supporters. But Romney’s running into some rebellion on that front from members in his own party.


Texas Governor Rick Perry leveled the accusation this week that Romney’s time at Bain Capital saw the candidate engaging in what Perry called “vulture capitalism.” Newt Gingrich’s supporters are running ads in South Carolina saying the company destroyed whole communities. And even Sarah Palin, speaking with Fox News’ Sean Hannity, said the criticisms of Romney’s CEO days were fair.

Are Republicans picking up on Occupy protesters’ populist anger to take down one of their own? Romney and his campaign are already firing back, saying far from being a “corporate raider,” the candidate’s time at Bain saw him creating jobs.

Another argument being put forth by Romney supporters: President Obama did the same thing with General Motors. Of course, the difference is that Obama didn’t make $420 million for himself, his company, and Goldman Sachs.

Whatever the case, Romney’s connection with Bain Capital looks like it may become a hot issue going into the next few primaries.

Ben Johnson is the producer of Marketplace Tech from American Public Media.

Videos curated by Slate staff.



Don’t Worry, Obama Isn’t Sending U.S. Troops to Fight ISIS

But the next president might. 

The Extraordinary Amicus Brief That Attempts to Explain the Wu-Tang Clan to the Supreme Court Justices

Amazon Is Officially a Gadget Company. Here Are Its Six New Devices.

The Human Need to Find Connections in Everything

It’s the source of creativity and delusions. It can harm us more than it helps us.

How Much Should You Loathe NFL Commissioner Roger Goodell?

Here are the facts.

Altered State

The Plight of the Pre-Legalization Marijuana Offender

What should happen to weed users and dealers busted before the stuff was legal?

Surprise! The Women Hired to Fix the NFL Think the NFL Is Just Great.

You Shouldn’t Spank Anyone but Your Consensual Sex Partner

Sept. 17 2014 5:10 PM The Most Awkward Scenario in Which a Man Can Hold a Door for a Woman
  News & Politics
Sept. 17 2014 7:03 PM Once Again, a Climate Policy Hearing Descends Into Absurdity
Business Insider
Sept. 17 2014 1:36 PM Nate Silver Versus Princeton Professor: Who Has the Right Models?
Sept. 17 2014 6:53 PM LGBTQ Luminaries Honored With MacArthur “Genius” Fellowships
  Double X
The XX Factor
Sept. 17 2014 6:14 PM Today in Gender Gaps: Biking
  Slate Plus
Slate Fare
Sept. 17 2014 9:37 AM Is Slate Too Liberal?  A members-only open thread.
Brow Beat
Sept. 17 2014 8:25 PM A New Song and Music Video From Angel Olsen, Indie’s Next Big Thing
Future Tense
Sept. 17 2014 7:23 PM MIT Researchers Are Using Smartphones to Interact With Other Screens
  Health & Science
Bad Astronomy
Sept. 17 2014 11:18 AM A Bridge Across the Sky
Sports Nut
Sept. 15 2014 9:05 PM Giving Up on Goodell How the NFL lost the trust of its most loyal reporters.