The unreported truth about ‘vulture capitalism’

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Now that Mitt Romney is likely to be the Republican nominee, we can expect new attacks on his “vulture capitalism.” That’s how Texas Gov. Rick Perry characterized his private equity work.

Newt Gingrich’s supporters ran an ad about Romney’s firm, Bain Capital, that said, “their greed was only matched by their willingness to do anything to make millions in profits.”

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