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Rev. Jesse Jackson arrested over ‘Bainport’ protest against ‘economic terrorism’
Rev. Jesse Jackson and 13 other employees of Sensata Technologies in Freeport, Maine were arrested Wednesday evening after stepping onto company property, in an act of civil disobedience Jackson said he hopes will get Bain Capital, the private equity firm founded by Republican presidential candidate Mitt Romney, to rethink its…
Laid-off Sensata workers protest against Bain Capital
NEW YORK — US and French workers blaming Bain Capital, the company founded by Mitt Romney, for stripping them of their jobs and outsourcing to China protested Monday outside Bain’s offices in New York. About 60 people, led by a man in a monster suit depicting Bain Capital, accused the…
Workers beg Romney to stop latest Bain outsourcing
Being told to train his replacement was humiliating and surreal, but Tom Gaulrapp said the worst part was when the plant’s US flag was taken down before the Chinese engineers arrived. Gaulrapp decided it was time to take a stand against outsourcing and the man he blames for the loss…
New York AG investigating Bain Capital, other firms for tax evasion
New York Attorney General Eric Schneiderman has launched an investigation into whether some large private equity firms—among them Bain Capital, the firm founded by Republican presidential candidate Mitt Romney—took advantage of a tax loophole to avoid paying hundreds of millions of dollars in taxes. According to the New York Times,…
‘Bain Capital’ offers Romney endorsement
Not long before Mitt Romney accepted the Republican party presidential nomination, he received one more endorsement in New York – from his old “partner in crime.” A 13-foot liquid latex puppet calling itself “Bain Capital,” after Romney’s former company, but modeled on the DC Comics supervillain Bane, spoke up on…
Leaked Bain documents renew pressure on Romney over finances
WASHINGTON — The opaque finances of uber-wealthy Republican presidential challenger Mitt Romney came under the microscope again Thursday after a fresh document dump by a New York-based blog site. Gawker published more than 950 pages of internal audits and financial statements from 21 funds, almost all of them affiliated to…
Bain Capital plans to outsource jobs at profitable Sensata plant in Illinois
The shock of losing a precious job in a town afflicted by high unemployment is always hard. A foundation for a stable family life and secure home instantly disappears, replaced with a future filled with fears over health insurance, missed mortgage payments and the potential for a slip below the…
Report: Romney stayed on at Bain to negotiate severance pay
Though he did take a “part-time leave of absence,” presumptive Republican presidential candidate Mitt Romeny did not, as he’s claimed, fully relinquish control of the private equity firm Bain Capital in 1999 because he was using his position as sole shareholder and CEO to negotiate a lucrative severance package, the details of which…
Limbaugh: Batman villain ‘Bane’ could be conspiracy to defeat Romney
Conservative radio host Rush Limbaugh on Tuesday suggested that Hollywood liberals have been plotting for years to release the third and final Batman movie before the election in 2012 with a villain who’s name sounds like GOP hopeful Mitt Romney’s former company, Bain Capital. “Do you know the name of…
George Will: Romney ‘losing at this point in a big way’
Conservative columnist George Will on Sunday said a series of attacks and questions about Mitt Romney’s association with Bain Capital, his tax returns and offshore investments were adding up to trouble for the presumptive Republican presidential nominee. “Mitt Romney’s losing at this point in a big way,” Will told ABC’s…
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