s skippy the bush kangaroo: the outsourcer in-chief

skippy the bush kangaroo

Saturday, July 21, 2012

the outsourcer in-chief

mittens romney apparently has his mitts on more outsourcing companies.
in march 1999, shortly after romney left bto take over the troubled winter olympics in salt lake city, brookside capital investors inc., a bain-related entity wholly owned by romney, filed a report with the Securities and exchange commission that listed dozens of companies in which brookside held a stake the previous quarter. the roster included investments in singapore-based flextronics International ($13 million) and florida-headquartered jabil circuit Inc. ($41 million), two companies that were leaders in the fast-growing field of outsourcing electronics manufacturing and offshoring production to low-wage countries. together, these two investments represented almost 10 percent of brookside's $559 million portfolio. - mother jones

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posted by SantaBarbarian at 6:23 PM |


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