General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums!!! McCain Campaigns OPPOSITION RESEARCH on Rmoney Released...
http://www.scribd.com/doc/78582788/McCain-2008-Oppo-Filehttp://www.scribd.com/doc/78582788/McCain-2008-Oppo-File
DFab420
(2,466 posts)Cantons StreamInternational offers its call centers to corporations on an outsourced basis, and is one of the bigger players in theindustry. The company employs 7,500 call center agents in nine countries, and last fall it bought a system that willallow its agents to interact with clients using VOIP technology.
(C.A. Soule, Telcos New Center Of Growth,
Mass High Tech
,4/30/01)
Bain Capital Invested In Stream Internationals Predecessors As Early As 1993 And Held Majority Stake InCompany From November 1999 Through October 2001Bain Bought Corporate Software Inc. In 1993, Merged It With R.R. Donnelley & Sons Unit (With BainHolding Minority Stake) In 1995 To Create Stream International; Bain Purchased Majority Stake In StreamIn November 1999.
Bains Stream investment is an offshoot of the firms purchase of Corporate Software Inc., asupplier of software services, for $94 million in late 1993. In 1995 Bain merged Corporate Software with R.R.Donnelley & Sons Co.s global software services unit to create Stream International Holdings Inc. At that point,Donnelley owned 87% of Stream and Bain just 4%, according to a U.S. Securities and Exchange Commissionfiling. In early 1998 Stream spun off its Modus Media International unit, a supplier of supply-chain managementservices. Bain, which owns about 39% of Modus, bought out Donnelleys holding in Stream for $96 million inNovember 1999.
(David Carey and Sarah Cohen, Solectron To Buy Bain Capital Unit,
Daily Deal
, 9/25/01
Maraya1969
(22,483 posts)As CEO, Romney Insisted On Having Almost Dictatorial Powers.
That Was Essential.
The Boston-based venture capitalist likes to be in control. (At SLOC) I dont have the kind of control Im used to in the business world, he said. When I was involved in (the resurrection of the beleaguered international firm Bain Consulting), I insisted on having almost dictatorial powers.
That was essential.
(Lisa Riley Roche, Mitt Exemplifies The New Openness Sought For SLOC,
Deseret News
, 2/12/99)
Former Business Colleague Said Romney Possessed Ability To Identify Peoples Insecurities And Exploit Them To His Own Benefit.
[S]ome colleagues found Romney to be manipulative. Romney had an ability to identify peoples insecurities and exploit them to his own benefit, says a source who worked with Romney but refused to be quoted for fear of retribution. This source says that Romney would vary bonuses among his partners just enough to put people on edge, giving $3.1 million to one, $3 million to another and $2.9million to another.
(Evan Thomas et al, Is Mitt Romney Ready For Prime-Time Politics?
Newsweek
, 4/16/07)
Maraya1969
(22,483 posts)Bainies Were Known For Company Songs And Secrecy, Compared To KGB.
Bain & Co. also was known for the strict discipline, team spirit - including company songs - and relentless work ethic of its troops. With their uniforms of white shirts and red power ties, the clean-cut Bain consultants were known as Bainies, a knockoff of the term Moonies for followers of Rev. Sun Myung Moon. Bain & Co. also was known for its secrecy, earning sobriquets like the KGB of consulting.
(Mitchell Zuckoff and Ben Bradlee Jr., Romneys Business Record Gives Larger Picture,
progressoid
(49,991 posts)arely staircase
(12,482 posts)with 2.9million worth of humiliation. Think about what ratified air these people breath!
DCKit
(18,541 posts)maddezmom
(135,060 posts)DFab420
(2,466 posts)DFab420
(2,466 posts)Under Bain Management, Stream Declined To Open Call Centers In Idaho And Wyoming As It Opened OrExpanded Facilities In Canada, Spain, France, Ireland And IndiaIn April 2000, Stream Decided Not To Open Call Facility In Gillette, Wyoming Because LocalUnemployment Was Too Low And Workers Were Too Skilled.
The city will not be the location of a call centerfor Internet service providers because residents tend to be overqualified and want more pay than StreamInternational intended to provide. Susan Bigelow, executive director of the Campbell County EconomicDevelopment Corp., told the city council the news Wednesday. Not many of the applicants at the open houseindicated a willingness to work for less than $10 per hour, which is consistent with the high skill level that wasrepresented, she said.
(Call Center No Longer Considering Gillette,
The Associated Press
, 4/13/00)
In April, Stream International Decided Against Opening A Computer Service Call Center In GilletteBecause Workers Wanted Too Much Pay And The Local Economy Was Too Healthy.
DFab420
(2,466 posts) Romney spent most of his business career as CEO of private equity firm Bain Capital as of June 2007 he
maintained an investors stake in the company.
Bain Capital has been criticized for relentless focus on bottom line at expense of workers and jobs.
Romney describes himself as a business legend in his campaign ads and once said of himself: Im basically
in the investors Hall of Fame.
Bain Capital and Bain & Co. employees donated at least $171,000 to Romneys presidential campaign in Q1
2007 and gave tens of thousands more in support of his previous political activities.
Bain Capital financed 1988 buyout with junk bonds issued by Drexel Burnham when SEC filed charges
against the firm and CEO Michael Milken, Bain Capital maintained their business relationship; Romney later
reminisced about the glorious days of Drexel Burnham.
In 2004, Bain & Co. received a multi-million dollar contract from the National Iranian Oil Company.
Romney sat on board of directors of Bain portfolio company Damon Clinical Laboratories, which in 1996 was
fined over $100 million for Medicare fraud committed during Romneys tenure.
Bain Capital owned company named Ampad that purchased an Indiana paper plant, fired its workers and
offered to bring them back at drastically reduced salary and benefits the firings became an issue in the 1994
Senate race when workers blamed Romney for their situation and appeared in Kennedy campaign ads.
After Romney became governor, Bain Capital teamed up with Chinese appliance maker Haier Group in 2005
in effort to purchase Newton, IA-based Maytag Corp. and send jobs overseas.
At least two Bain Capital companies Stream International and Modus Media focused on outsourced
technical support services, expanding facilities abroad while contracting operations in the United States.
Bain Capital operated steel company called GS Industries which went bankrupt in 2001 after years of labor
strife, closing a plant in Kansas City and laying off over 700 workers.
DCBob
(24,689 posts)Hope so. This great stuff.
DFab420
(2,466 posts)Ruby the Liberal
(26,219 posts)not the VP vetting. These files were actually released in Jan 2012.
DFab420
(2,466 posts)Hopefully the VP vet documents come sooner rather then later.
DFab420
(2,466 posts) Romney left the state GOP weaker than when he took over as governor, with the party described as being at
its weakest point in years. 12
During 1998 panel on urban issues, Romney addressed need for Boston business communities to work
together and claimed Hillary Clinton is very much right, it does take a village.
In 1994, Romney opposed the Contract with America without even reading it.
Romney has made political contributions to Democratic candidates, saying he places friendship above
politics.
Romney appeared in 2003 TV ad endorsing Democrat Rocky Anderson who has been outspoken in calling
for President Bushs impeachment over Iraq war for reelection as Salt Lake City mayor; Romney featured
an Anderson testimonial in his own TV ads while running for governor in 2002.
Romney proclaimed he wasnt a Republican during the Reagan years, saying I was an independent during
the time of Reagan-Bush. Im not trying to return to Reagan-Bush.
Romney was an independent until deciding to run for the Senate in 1994.
Romney voted for Paul Tsongas in the 1992 Democratic presidential primary.
Romney has surrounded himself with policy advisers like Gregory Mankiw, Vin Weber, Kerry Healey, Bill
Weld and more who do not share his beliefs on key issues.
Top Romney campaign aides and surrogates have ties to several recent Washington ethics scandals.
Romneys spending decisions as chairman of the Republican Governors Association during 2006 election
cycle raised eyebrows in light of his presidential aspirations.
DFab420
(2,466 posts)EXECUTIVE SUMMARY
State spending increased at well over rate of inflation under Romneys watch, estimated at 24% - more than
$5 billion over Romneys final three years.
Under Romney, Massachusetts dramatically underperformed the rest of the nation in terms of job growth.
Romney has been criticized by experts for failing to deliver on issues of business development and economic
growth after selling himself as the CEO governor.
2006 report issued by quasi-public Massachusetts Technology Collaborative warned the state was losing its
grip as leader in innovation economy and that tech job was alarmingly slow.
Romney left his successor to fill a budget deficit exceeding $1 billion.
Romney raised state fees and taxes more than $700 million per year, according to independent experts.
Romney raised fees by roughly $500 million in his first year alone, a figure that was highest in the nation.
Romney quadrupled gun licensing fees and raised fees on first responders, real estate transactions, the blind,
golfers and many others.
Massachusetts state and local tax burden rose more than 7% during Romneys administration.
Romney refused to endorse the Bush tax cuts in 2003, telling the states all-Democrat congressional
delegation he wouldnt be a cheerleader for the plan.
Romney implemented three rounds of tax changes (which he referred to as closing loopholes) which
increased business taxes by an estimated $400 million per year.
Massachusetts corporate tax climate now ranks 47th in the nation, according to the Tax Foundation.
Romney proposed then backed away from a new internet tourism tax that would levy higher taxes on
users of sites like Orbitz and Travelocity.
Romney enrolled Massachusetts in multistate compact aiming to end moratorium on internet sales taxes.
Romney took no position on estate tax issue in 2002 and signed 50% increase in state cremation fee, which
observers called hidden tax on the dead.
nc4bo
(17,651 posts)Oh good God/Goddess this is getting richer by the day!!
DFab420
(2,466 posts)nc4bo
(17,651 posts)DFab420
(2,466 posts)No one has come out to own it yet...
nc4bo
(17,651 posts)But my curiosity is killing me.
Anyway, thanks.
DFab420
(2,466 posts)1StrongBlackMan
(31,849 posts)A very patriotic American.
KurtNYC
(14,549 posts)so there is a feeding frenzy but then it is over.
DFab420
(2,466 posts)later on.
They through this out there and then see what floats and what sinks.
KurtNYC
(14,549 posts)It let's team Obama control the narrative by selecting what to drip and in what order.
Ruby the Liberal
(26,219 posts)this was released back in January and was the oppo research for the primary, not the VP vetting process. THOSE files are worth their weight in gold.
http://www.buzzfeed.com/andrewkaczynski/the-book-on-mitt-romney-here-is-john-mccains-ent
DFab420
(2,466 posts)much more like finding weaknesses to exploit rather then issues if he was a running mate.
Nothing on his bank accounts in here either....
Scuba
(53,475 posts)Ruby the Liberal
(26,219 posts)Everyone running has an oppo file on everyone else in the primary.
dmr
(28,347 posts)I want a copy for my files. Thanks!
nc4bo
(17,651 posts)arcane1
(38,613 posts)but I think you have to pay for it
backscatter712
(26,355 posts)I'm a cheap bastard. Any way to get the pdf without paying?
Response to dmr (Reply #25)
bupkus This message was self-deleted by its author.
dmr
(28,347 posts)nc4bo
(17,651 posts)Ian David
(69,059 posts)John McCains Entire 2008 Opposition Research File on Mitt Romney
Sun Jun 3, 2012, 08:56 PM
http://www.democraticunderground.com/?com=view_post&forum=1251&pid=42423
Ian David
(69,059 posts)Here is a leaked Romney document from 2007
Document shows Romney's strategies
Plan addresses faith, rivals, shift on issues
By Scott Helman, Globe Staff | February 27, 2007
Here are some views of Mitt Romney causing concern inside his campaign: His hair looks too perfect, he's not a tough war time leader, and he has earned a reputation as "Slick Dancing Mitt" or "Flip-Flop Mitt."
Romney and his advisers have identified those perceptions as threats to his bid for the 2008 Republican presidential nomination, according to an exhaustive internal campaign document obtained by the Globe.
The 77-slide PowerPoint presentation offers a revealing look at Romney's pursuit of the White House, outlining a plan for branding himself, framing his competitors, and allaying voter concerns about his record, his Mormon faith, and his shifts on key issues like abortion.
Dated Dec. 11, the blueprint is wide-ranging and analyzes in detail the strengths and weaknesses of Romney and his two main Republican rivals, Senator John McCain of Arizona and Rudolph W. Giuliani, former mayor of New York. The plan, which top Romney strategist Alex Castellanos helped to draft, charts a course for Romney to emerge as the nominee, but acknowledges that the "electorate is not where it needs to be for us to succeed."
More:
http://www.boston.com/news/nation/articles/2007/02/27/document_shows_romneys_strategies/?page=full
Slick Dancing Mitt
The leak of another Republican presidential candidate's strategic documents gives insight into the potential weaknesses of Mitt Romney.
Tuesday, Feb 27, 2007 4:35 PM UTC
Former Massachusetts Gov. Mitt Romney may be a little too much like another presidential candidate from Massachusetts, and that reportedly has Romneys advisors worried. The Boston Globe reports today that it has obtained a copy of the vulnerability study Romneys advisors did on the Republican presidential candidate, and the Globe says that while the study calls for Romney to position himself as the counterpoint to famous Massachusetts liberals like Michael Dukakis,Ted Kennedy and John Kerry, it worries that Romney will fall victim to the same flip-flopper charge that dogged Kerry throughout 2004. Romney, who is currently attempting to position himself as the candidate for GOP social conservatives, has changed his position on several issues key to that constituency, among them abortion and gay rights.
The study also reportedly calls on Romney to define himself at least partially by his opposition, and to decry jihadism, Sen. Hillary Clinton, European-style socialism, Washington and France.
Also included are looks at the strengths and weaknesses of the other Republican front-runners, including Sen. John McCain and former New York Mayor Rudy Giuliani. The study reportedly says McCain is an uncertain, erratic, unreliable leader in uncertain times and worries that if Giuliani is the nominee, Republicans will no longer be able to hit Democrats like Clinton on social issues.
More:
http://www.salon.com/2007/02/27/romney_leak/
matt819
(10,749 posts)Just head to page 135 at the link and take it from there. You know how when you were a little kid playing football and were tackled and then everyone yelled, "pile on"? Take the revelations of the past week and double them. Must reading. Let's see how long it takes the MSM to pick this up.
Example: They have the Mittster with a stake in Bain up through 2007, with no reference to blind trusts.
Or these three, just to whet your appetite:
snip
-- Bain Capital financed 1988 buyout with junk bonds issued by Drexel Burnham when SEC filed chargesagainst the firm and CEO Michael Milken, Bain Capital maintained their business relationship; Romney laterreminisced about the glorious days of Drexel Burnham.
-- In 2004, Bain & Co. received a multi-million dollar contract from the National Iranian Oil Company.
-- Romney sat on board of directors of Bain portfolio company Damon Clinical Laboratories, which in 1996 wasfined over $100 million for Medicare fraud committed during Romneys tenure.
snip
nadinbrzezinski
(154,021 posts)realize, we mostly play in the local pool... not the national one.
Response to matt819 (Reply #31)
bupkus This message was self-deleted by its author.
matt819
(10,749 posts)Rosa Luxemburg
(28,627 posts)how kind!
nadinbrzezinski
(154,021 posts)who decided to throw the election?
chollybocker
(3,687 posts)Oh, wait. Mitt has no peers.
But he can be useful as a GOP placeholder; as stiff as a bookmark, as kickable as a doorstop.
Mitt was selected years ago to *take this one for the team.*
underpants
(182,829 posts)Thune, Rubio, McDonell, Ryan, etc. are eyeing 2016.
We live in a two-term world - Bush didn't win in 2000 and obviously lied us into war but got re-elected - everyone knew this was not a real contest even with the superior brain power of the Obama campaign to the Romney campaign.
This is worse to Mitt than the Bain story.
Honeycombe8
(37,648 posts)Swede
(33,256 posts)Gold!
B Calm
(28,762 posts)BREMPRO
(2,331 posts)"Romney sat on board of directors of Bain portfolio company Damon Clinical Laboratories, which in 1996 was
fined over $100 million for Medicare fraud committed during Romneys tenure. "
REALLY.. so he oversaw the governance of a company that committed massive medicare fraud?.. look the other way because they were making so much money?? interesting // like to know more!!
nc4bo
(17,651 posts)what in the hell does he represent...........
Angry Dragon
(36,693 posts)he cares nothing of anyone else
He is a very selfish person, down to his core.
Tx4obama
(36,974 posts)... Romney Also Proposed Imposing A Fee On The Mentally Retarded.
And MORE on a DU OP here: http://www.democraticunderground.com/1002955557
treestar
(82,383 posts)In December 2005, Romney abruptly ordered his administration to reverse course
and require Catholichospitals to provide emergency contraception medication to rape victims.
So a Catholic fundie would have no candidate to vote for.
w8liftinglady
(23,278 posts)Thanks for sharing that!!!
SunsetDreams
(8,571 posts)There is a lot of damning information here and it's all sourced really well. I wonder if the Obama campaign has this, chances are they do, but I wonder. I also wonder who put this out there?
The Damon Clinical Laboratories/Bain Medicare Fraud is really interesting. It starts on pg 140. It cost the U.S. taxpayers nearly 40 million. Romney even stated that he was proud of his role with Damon growth. WHAT? That's on pg 141. If you research and read the entire file, not just on Damon...you will see a big parallel to Romney current statement "It wasn't me".