Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Democrats_win

(6,539 posts)
Wed May 30, 2012, 12:18 PM May 2012

Denver Post article on Bain Capital's activities in CO

http://www.denverpost.com/politics/ci_20729327/mitt-romney-bain-capitals-record-mixed-colorado

I was amazed that they had a hand in the closing of the 1970s Colorado icon Fashion Bar. This is the place the Denver Nuggets coach Larry Brown got his clothes and where many Coloradoans got there nice clothes.

Also, a circuit board assembly plant in Thornton was outsourced to Mexico because of Bain. The article lists SMTC as a Denver company, but it was in Thornton. I worked there for a short time when I learned that they planned to close this facility and move it to Mexico. According to Wikipedia, the Mexico facility, that was purachased by SMTC, is unionized.
http://en.wikipedia.org/wiki/SMTC_Corporation

Finally, the article tells how a proud Colorado company, Samsonite, was moved to Massachusetts because of Bain. This occured after Mitt left the company, but he was the governor of Mass. at the time and he had a hand in it's removal from our economy.

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Denver Post article on Bain Capital's activities in CO (Original Post) Democrats_win May 2012 OP
I Loved Fashion Bar otohara May 2012 #1
Latest Discussions»Region Forums»Colorado»Denver Post article on Ba...