The Bain Model: Another Dollar In A Millionaire's Pocket, With the Ultimate Humiliation Thrown In

by
Abby Zimet

The appallingly instructive tale of the Sensata plant in Freeport, Illinois, where 170 highly skilled workers who made electronic sensors for cars quite profitably are now watching their plant being dismantled and shipped to China, piece by piece - all while they they train teams of Chinese workers to do the jobs they've spent their lives proudly doing. Sensata's majority owner? Bain Capital. Workers and town officials offer an earful on greed, what capitalism is and is not meant to be about, the Bain business model, and "the big fairy tale" of Romney's talk of job creation.

"When I hear Romney speak, it makes me sick to my stomach....I wouldn't trust him to run a company, let alone a country."

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