Claim: A letter Bain Capital sent to its investors is now becoming a talking point for Mitt Romney surrogates. But once again the company letter, which boasts of Bain's success, is being misrepresented — this time by Ed Gillespie, a senior adviser to the Romney campaign. Gillespie claimed that "less than 5 percent" of Bain's investments "ended up in bankruptcy." But that's what Bain claims occurred over its entire 28-year history. The Wall Street Journal reported that 22 percent of companies "Bain invested in while Mr.
Fact-check: Gillespie Twists the Facts on Bain Capital - FactCheck.org
Verdict: a letter bain capital sent to its investors is now becoming a talking point for mitt romney surrogates. but once again the company letter, which boasts of bain's success, is being misrepresented — this time by ed gillespie, a senior adviser to the romney campaign. gillespie claimed that "less than 5 percent" of bain's investments "ended up in bankruptcy." but that's what bain claims occurred over its entire 28-year history. the wall street journal reported that 22 percent of companies "bain invested in while mr.
Organisation: FactCheck.org
Author: Eugene Kiely
Date published: 2012-05-29T19:04:15