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At Dade Behring Inc., a medical-testing company, Bain cut at least 1,600 jobs during a series of acquisitions before the firm entered into bankruptcy in 2002. Romney foreshadowed those cuts in a speech to employees shortly after Bain acquired the firm.
DDi Corp., an electronics company, filed for bankruptcy in 2003 after Bain sold shares in the company generating at least $85.5 million and billed $10 million in management fees.
GS Industries Inc., a steel company, filed for bankruptcy in 2001 after workers said a chief executive hired under Bain made missteps, including installing managers who lacked industry expertise, former employees said.
Employees who lost jobs at Bain-controlled companies more than a decade ago say they still hold Romney responsible.
“Sometimes I was successful and helped create jobs, other times I was not,” Romney said in announcing his candidacy on June 2 in Stratham, New Hampshire.
http://www.bloomberg.com/news/2011-...tor-clashes-with-bain-record-of-job-cuts.html