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Bain, private equity firms jarred by attacks on Romney

By Beth Healy

 |  Globe Staff  

  January 10, 2012

Bain Capital executives have been bracing since last summer for the inevitable downside to their old boss running for president: seeing their firm’s name dragged through the mud by Mitt Romney’s opponents. But the onslaught has come harder and faster than even they expected with Romney’s emergence as a frontrunner. Republican rivals have painted Bain Capital and private equity firms like it as engaged in the wrong kind of capitalism, making money as corporate raiders and by cutting jobs.

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