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Author: bufftrainer Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2122032  
Subject: China, Bain, andNational Security Date: 10/8/2012 7:37 AM
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"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.


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.
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