Fiscal Skills: Romney vs. Obama

Let's put the financial and management skills of President Barack Obama up against his potential opponent in the presidential election, Mitt Romney.  After all, with Obama becoming the president when he did, he had a role quite similar to that of Mitt Romney in the business world.  Instead of being in charge of turning around businesses, as was Romney's job at Bain Capital, Obama was in charge of improving the world's largest economy. Consider first the business history of the potential GOP presidential candidate, as it has garnered plenty of scrutiny lately.  As a co-founder of Bain Capital, Romney led the venture-capital company in the funding, management, and turnaround of numerous companies, including Staples, Domino's Pizza, and Sports Authority. Success in these and other investments led to more money flowing into Bain Capital, as investors gained confidence in the skills of Romney and others at the firm.  Yes, there were investments that went south,...(Read Full Article)

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