Sunday, July 29, 2012

If There Were Such a Thing as "Corporate School Reform" it Might Look Like This

Fred Kaplan:

By contrast, private-equity firms, such as Bain Capital, where Romney made his fortune, tend to view their client companies as cash cows, susceptible to cookie-cutter formulas from which the firms’ partners reap lavish fees, almost regardless of the outcome. Their ends and means breed an insularity, a sense of entitlement, a disposition to view all the world’s entities through a single prism and to appraise them along a single scale.

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