When Romney ran Bain Capital, his word was not his bond By William D. Cohan 13 Jan 2012 Make no mistake: Under Mitt Romney’s leadership in the 1980s and 1990s, Bain Capital was a top-performing private-equity fund. According to an internal 2000 estimate, the fund achieved annualized returns of an astounding 88 percent from 1984 to 1999 for its institutional investors, including state and corporate pension funds that invest the savings of millions of American workers. It also made a fortune for Romney, whose net wealth reportedly exceeds $ 250 million.
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