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Mitt Romney on CorporationsFormer Republican Governor (MA) |
Moreover, Romney ignores the $174 million that his own administration figures he raised through "closing loopholes" in the corporate tax structure, which amounted to a tax increase for those who were using them.
Nor is it true that all of Romney's fee increases were aimed at providing services. The Massachusetts Taxpayers Foundation says, "It's been disingenuous to say there's no new taxes, in the sense that there's very little connection to the fee increases and the cost of services that the fees are supposed to represent."
A: Is London going to replace New York? Of course not. Should we fix Sarbanes-Oxley and take out Section 404 as it applies to smaller companies? Of course we should. Is this country the hope of the world? Absolutely.
Bainiacs, as they are called, are driven to succeed, and are a dogged group of Type AAAs. Bain's slogan is: "Helping make companies more valuable." The promise is profit. The promise is usually kept.
Bain became one of the most sought-after landing zones for Harvard Business School's best and brightest, because Bain mattered; Bain changed things. "The idea that consultancies should not measure themselves by the thickness of their reports, or even the elegance of their writing, but rather by whether or not the report was effectively implemented [as Bain did], was the inflection point in the history of consulting," Romney told Consulting magazine. Bain's website cited a press quotation, "Bain delivers results, not theory."
One of the more revealing observations was that our firm's culture was inconsistent with our stated mission, with stress and dissonance as the result.
At Bain Capital, we aspired to have a firm that put our investors' interests first, even before our own. But competitive self-interest increasingly figured quite prominently in decision-making.
We went to work to change our culture, to make it more consistent with our personal values and with the objectives we had for our firm. The struggle for integrity between mission and culture was never abandoned. And that made Bain Capital a better place to work.
Use of Olympic symbols, or even the words "Olympic" or "Olympiad" without permission were easy ways for companies to get Olympic association free. The government passed a law making it illegal.
We took public relations hits for our brand protection efforts. It never goes over well when the guys in the suits come down on the little Mom and Pop operations that do not know enough not to use the Olympic rings in their homegrown marketing.
