It recently became fashionable to label Republican Presidential candidate Mitt Romneyas a corporate raider whose decisions at Bain Capital led to thousands of job losses in South Carolina.
But is it really THAT cut and dry?
Do all corporate raiders ruthlessly shut down factories, lay off workers, and invoke policies that lead to permanent economic damage to many innocent by-standers? After all, aren’t there big time investors like Warren Buffett who will happily buy a business and further lend both capital and strategic insight in order to grow the business, thereby adding jobs and stimulating the economy?
Corporate raiders may not be as villainous as you might think. If all companies were managed efficiently and profitably, there would be no opportunities for a “Wall Street” Gordon Gekko to exploit in the name of greed and short-term profits.Page 1 of 7 | Next Page