It has become fashionable to demonize ‘‘Bain’’ as some sort of monster of greed. Even the president and his followers would have us believe that Bain and its one-time leader, Mitt Romney, care only about profits, never people. We are told that Bain delights in seizing weak companies, firing their staffs, amassing amoral fortunes, and fleecing decent working folk.
That certainly doesn’t sound like a very compassionate business, much less the sort to produce someone we would want as our next president. But are these attacks true?