42°FRainFull Forecast

Romney may be successful in business but what are his practices?

Published: Friday, Oct. 12, 2012 12:06 p.m. CDT

To the editor:

A Republican talking point is that Romney is a successful “business man.” What’s never mentioned is his successful “business practices.” Some are cheap labor and “gaming” the government systems, plus some innovative business practices of his own.

One example is using a company to borrow heavily in the name of the company, sell it back and turn around and pay themselves back in the form of continuing consulting fees. Short term risk with long term profits.

Stuart Allspach


More News

National video

Reader Poll

Did the Newton City Council make the right decision in allocating $1 million toward acquisitions and demolitions of commercial buildings on First Avenue and the interchange corridors?