Mitt Romney's record in the private equity industry has become part of the election year political debate. Weighing in with a passive-aggressive swipe, Steven Rattner, a former private equity executive and Barack Obama's car czar and loyal supporter, said in a television interview, Bain Capital like other private equity firms was founded and managed for profit earned legally and legitimately.
Any job creation was a welcome but a secondary byproduct." In an article published on Forbes.com, and an associated video, internationally recognized small business expert Jim Blasingame reveals that Rattner, and others who say or infer that there is something wrong with the profit first jobs second" motivation, should understand that this is the same strategy of small businesses.
As essential as employees are to accomplishing a business founder's wealth creation goal, no pre start up entrepreneurial dreamer ever thought, I want to commit all of my time, energy and resources and risk everything so I can create jobs, writes Blasingame. Jobs are not just the byproduct of private equity firms and small businesses, they are the byproduct of capitalism period
benny quetell
resilient media entertainment
@resilient_ent private equity
#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement
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