Business Services Industry
The Boston Globe Economic Life Column.
Knight Ridder/Tribune Business News, March, 2002
By Charles Stein, The Boston Globe Knight Ridder/Tribune Business News
Mar. 26--If Mitt Romney wants to be our next governor, he is going to have to do a better job than he did last time around explaining capitalism to the Massachusetts electorate.
That may be tougher than you think.
In 1994, Senator Edward M. Kennedy portrayed Romney as a modern-day robber baron, a man who as head of Bain Capital put "profits over people," according to a Kennedy advertisement. The Kennedy ad focused on two companies in which Bain Capital invested -- a Midwestern steel company where workers went on strike, and a retailer, Staples, that didn't provide health benefits to part-timers. The same ad pointed out that while Bain Capital was squeezing...
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