Remember when Mitt Romney used his time with Bain Capital to assure us that he was the only candidate in the race who "understood job creation" because he had been in business and had "turned around" companies?
Yeah. Not so much. Thanks to David Corn over at Mother Jones, we have a new video of a much younger Willard Mitt Romney talking up the purpose of Bain Capital. Here it is in a nutshell straight from Willard himself:
Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit…
