UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: bufftrainer Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1879257  
Subject: China, Bain, andNational Security Date: 10/8/2012 7:37 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 4
"If I were an American company today -- and I'll tell you this as the chairman of the House Permanent Select Committee on Intelligence...I would find another vendor if you care about your intellectual property, if you care about your consumers' privacy, and you care about the national security of the United States of America," Rogers told "60 Minutes."

One U.S. company that could've benefited from Rogers' warning is Bain Capital, the private equity giant founded by Mitt Romney, which still pays the GOP presidential nominee millions each year. Romney has made his promise to "get tough" on China a central element of his economic message, though the company he started has made it easier for China to get tough on its own citizens.

http://www.huffingtonpost.com/2012/10/07/huawei-bain-capital...

After multiple attempts at joint deals, one of which the Bush Administration blocked for national security, Bain has now taken an interest in the firm's domestic spying on behalf of the Chinese government, and Flip still gets paid every year.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Invest Better Hub
Take advantage of our newest free service, Invest Better!
New Fool-Branded Credit Card Available!
How does your card compare to ours?
Post of the Day:
Macro Economics

Book Review: "The World Before Yesterday"
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Facebook Fool Fan Club
Be a fan of the Fool over on Facebook!
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Get the Fool Phone App
Save and share content, zero in on sectors, podcasts, and much more!
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement