Schooling in the Ownership Society: Romney and Bain Capital knee-deep in corporate-style reform.

Schooling in the Ownership Society: Romney and Bain Capital knee-deep in corporate-style reform.:

Romney and Bain Capital knee-deep in corporate-style reform.

by Mike Klonsky

Romney with Wm Bain, Jr.

One of the few good things that came out of last night's Republican debate was the further exposure of Mitt Romney as founder of the notorious Bain Capital investment firm. In his 2010 book The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy, Josh Kosman described Bain Capital as "notorious for its failure to plow profits back into its businesses."

But what wasn't mentioned was Bain's connection to the world of corporate-