Company. after a few years, the company s ceo and founder, bill bain, asks romney to head up a spinoff bain capital. mitt was hesitant. he was making a good salary. he had a growing family, and he essentially said no. and bill bain said run this new company called bain capital, and if it fails, i ll bring you back to bain & company. so you sort of can t lose. bain capital initially invests in startup companies. in 1986, after a tough two years, bain strikes it big. we invested in staples early in the year and staples in pretty short order started doing well. we helped start sports authority, bright horizons, and in pretty short order started doing well.
Grassley, michigan governor rick snyder and we will have democratic leaders coming on to present their points of view as well. tonight, right here on msnbc, you can see mitt romney, the making of a candidate, a documentary hosted by our own nbc political director and colleague and friend, chuck todd. it includes answers to a lot of the questions that have been raised about bain capital. after a few years, the company s ceo and founder, bill bain, asked romney to head up a spinoff, bain capital. mitt was hesitant. he was making a good salary, he had a growing family and he essentially said no. bill bain said run this new company called bain capital and if it fails, i ll bring you back to bain and company so you sort of can t lose. bain capital initially invests in startup companies. in 1986, after a tough two years, bain strikes it big. we invested in staples early in the year, and staples in pretty short order started doing well. we also helped start sports
In discussions about your husband as a candidate. what do you think about that? well, you know to begin with i don t accept it. that is the beauty of having me being able to get out there and disspell some of these things that are not true. he is funny guy and spontaneous and has a great sense of humor but i will tell you these are serious issues he is talking about. this is serious race and these are serious times. martha: time magazine, bill bain wrote about your husband. he talked about the fact it was somewhat annoying to him early stages always beating everybody else to work in the morning. he would come and office light would be on. called him into the office and said what s going on? is that a side to him, you know, how hard he works? certainly does do his homework and he certainly is very bright as i think most people recognize. it is not just that. he works so hard at everything that he does and he does his best. i think there was a motto, from his father too, always do
Descent. peter doocy tracking this down in washington. good morning to you. what else are we learning? reporter: good morning, bill the fact that this double agent had a british passport meant he could travel freely throughout middle east and europe and united states. we don t know his identity, officials believe he was attractive to al qaeda because of his nationalnalty and intel the double agent gave to us is proving invaluable. a al qaeda commander he met who met with the underwear bomber abdulmutallab was killed by a drone on sunday. the infiltrated so deep that former cia director michael hayden said everyone on the inside is looking at everybody else inside and creating suspicions inside the network. that begins to take the game to the next level. bill, the united states launch the airstrikes in yemen twice already since the bomb float was foiled and yesterday may have killed seven mill. tants. bill: you know the leaks drawn a lot of attention in
Readings in the real romney. here s how it happened. bain, bill bain proposed romney would become the head of a new company to be called bain capital with seed money from bill bain and other partners at bain and company. bain capital would raise tens of millions of dollars, invest in start-ups and troubled businesses, apply bain s brand of management advice and then resell the revitalized companies or sell their shares to the public for a profit. romney explained to bain that he didn t want to risk his position, earnings, and reputation on an experiment. so bain sweetened the pot. bill bain guaranteed that if the experiment failed, romney would get his old job and salary back, plus any raises he would ve earned during his absence.