Thursday 27 September 2012

From Mother Jones: A New 'Old' Mitt Romney Video

The use of the phrase 'harvest them at a significant profit' is most insightful. 'Potential value and hidden value' in these targeted acquisitions usually meant pension plans and worker benefits. It also involved leveraging a company with debt to inflate the acquisition price. Ever seen the movie Wall Street? Mitt Romney and Gordon Gekko are starting to sound like they speak the same language. See le monde article here.

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