Here are the facts about Bain and KB Toys, much worse than 'Vulture' Capitalism

[grantcart]

13. Your facts are wrong, Romney continued to recieve profits after he left, functioning

as a vested partner:

1) Romney negotiated to continue to receive profits from Bain after he left;

http://www.nytimes.com/2011/12/19/us/politics/retirement-deal-keeps-bain-money-flowing-to-romney.html?_r=2&pagewanted=all

In what would be the final deal of his private equity career, he negotiated a retirement agreement with his former partners that has paid him a share of Bain’s profits ever since, bringing the Romney family millions of dollars in income each year and bolstering the fortune that has helped finance Mr. Romney’s political aspirations,

. . .

Though Mr. Romney left Bain in early 1999, he received a share of the corporate buyout and investment profits enjoyed by partners from all Bain deals through February 2009: four global buyout funds and 18 other funds, more than twice as many over all as Mr. Romney had a share of the year he left. He was also given the right to invest his own money alongside his former partners. Because some of the funds and deals covered by Mr. Romney’s agreement will not fully wind down for several years, Mr. Romney is still entitled to a share of some of Bain’s profits.

This is not guilt by 'association' this is guilt by taking the profits of the deal and putting it into his pocket.

However it goes beyond that;

2) Romney isn't just the guy who carried out trades, he is the guy who created the blueprint

http://nymag.com/print/?/news/politics/mitt-romney-2011-10/

Romney developed one of the tools that made this possible, pioneering the use of takeovers to change the way a business functioned, remaking it in the name of efficiency. �Whatever you think of his politics, you have to give him credit,� says Steven Kaplan, a professor of finance and entrepreneurship at the University of Chicago. �He came up with a model that was very successful and very innovative and that now everybody uses.�

Even if he didn't profit from it, which he did, or it wasn't his company that did it, which it was, you could still tie him to it for using the Romney model. In this case the Romney model WAS used by HIS company and HE did receive profits from it.

3) Romney has promoted his candidacy by association to Bain and the Olympics and being Governor. If he is going to take all of the successes for Bain (and I am willing to accept that there were many) then he also has to accept the problems as well, atleast until he denounces them. The same would be true for his time as Governor.