Bain Led Outsourcing Wave

Mitt Romney’s financial company, Bain Capital, “invested in a series of
firms that specialized in relocating jobs done by American workers to
new facilities in low-wage countries like China and India,” the Washington Post reports.

“During the nearly 15 years that Romney was actively involved in
running Bain, a private equity firm that he founded, it owned companies
that were pioneers in the practice of shipping work from the United
States to overseas call centers and factories making computer
components, according to filings with the Securities and Exchange
Commission.”

More details: “Bain played several roles in helping these
outsourcing companies, such as investing venture capital so they could
grow and providing management and strategic business advice as they
navigated this rapidly developing field.”