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| A speculative view of a consultant-heavy Romney Oval Office. |
We've all heard the stories about Bain Capital and its uncanny ability to wring huge profit from an otherwise health company while simultaneously sending it and its workers down that treacherous road to massive debt and bankruptcy -- even if it was left standing in the end. These proved to be just one part of the Bain broadside against the American worker.
Over in another corner of world of high finance sits Bain Capital's mother ship Bain and Company, that multinational conglomerate where Mitt Romney cut his teeth as a high-dollar consultant. This other Boston-based firm wasn't the vulture Bain Capital had become, rather, it was a ready partner actually interested in bolstering the bottom line of corporations it advised.
Early on, the parent company collected its fees in the form of "success fees," equity stakes in client companies, thus it developed more symbiotic relationships with the boards it served. However, that early culture, classified as "unconventional" was in full swing when Mitt Romney came on board.
Anyone hunting the genesis of Romney's inability to speak openly of weighty matters need look no further than the tony Bain and Company headquarters, at the time located in historic Lexington.
