The lowdown on “vulture capitalism”

posted by
January 19, 2012
Center for a Stateless Society
by David D'Amato  
Posted in Commentary

"Increasingly desperate to knock GOP frontrunner Mitt Romney off track, would-be nominees Newt Gingrich and Rick Santorum have made the former Massachusetts Governor’s tenure at Bain Capital a campaign issue. The core of their criticism is that while capitalism and its venture variant are institutions to be upheld and promoted, Romney had been an emissary of 'vulture capitalism,' invested in looting companies and laying people off." (01/19/12)  

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