“There's a real difference between venture capitalism and vulture capitalism. Venture capitalism we like. Vulture capitalism, no. And the fact of the matter is that he's going to have to face up to this at some time or another, and South Carolina is as good a place to draw that line in the sand as any.” KnowsTryingRealMatterStatesDoneFactsUseProblemJobsFacesPresidentDifferencesLinesUnitedUnited StatesKnow HowRepublicanPaperDrawsCapitalismSouthSandTexasVentureCarolinaSouth CarolinaVultureLines In The Sand Author:Rick Perry
“I know the difference between venture capital[ism] and vulture capitalism. Venture capitalism is a good thing, comes in, gives that gap funding to help these companies get off and get started creating jobs, and work. But Mitt Romney and Bain Capital were involved with what I call vulture capitalism. And they walked into Gaffney and took over that photo album company for no other reason than to basically pick the bones clean. And those people lost their jobs.” PeopleKnowsGivingReasonHelpingJobsLostDifferencesCompanyInvolvedRepublicanCreatingPicksCapitalismGood ThingsCleanAlbumsBonesGapsVentureRomneyFundingIsmsVultureVenture CapitalCreating Jobs Author:Rick Perry
“I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits. All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size.” ThinkingKnowsLongJobsTermDealsCompanyStageRepublicanSizeProfitCurrentsTeethCashVentureShort TermRomneyStaples Author:David Stockman