Bain Closes U.S. Plant, Forces Workers to Train Chinese Replacements
Filed under: Money and Politics, Jobs
Throughout this presidential election cycle, we’ve heard attacks on the business practices of Bain Capital, the private equity firm co-founded by Mitt Romney in 1984. Most recently, a political action committee that supports the re-election of President Obama released an ad featuring Joe Soptic, a former steelworker who lost his job, and hence health insurance for himself and his family, after the closing of the Bain-owned plant where he worked. Soptic’s wife subsequently died of cancer; in…
Bain Closes U.S. Plant, Forces Workers to Train Chinese Replacements originally appeared on DailyFinance.com on 2012-08-17T15:38:00Z.
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