A Perfect Doll
By MAUREEN DOWD
NYT
MANCHESTER, N.H.
As chief executive of Bain Capital, Mitt Romney was all about cold analysis and hot profits.
He took a rare personal interest in one of his investments: the Lifelike Company, which produced My Twinn dolls, fashioned to look like the little girls who owned them.
As Mark Maremont reported in The Wall Street Journal on Monday, Romney invested $2.1 million in 1996 for a stake in the company; the idea was brought to him by a Lifelike partner who was a friend from Brigham Young University and Harvard Business School.
Romney, who accuses President Obama of “crony capitalism” on the Solyndra deal, introduced his brother-in-law to Lifelike officials, who dutifully hired the relative and promoted him to vice president with an annual salary of $100,000.
(More here.)
NYT
MANCHESTER, N.H.
As chief executive of Bain Capital, Mitt Romney was all about cold analysis and hot profits.
He took a rare personal interest in one of his investments: the Lifelike Company, which produced My Twinn dolls, fashioned to look like the little girls who owned them.
As Mark Maremont reported in The Wall Street Journal on Monday, Romney invested $2.1 million in 1996 for a stake in the company; the idea was brought to him by a Lifelike partner who was a friend from Brigham Young University and Harvard Business School.
Romney, who accuses President Obama of “crony capitalism” on the Solyndra deal, introduced his brother-in-law to Lifelike officials, who dutifully hired the relative and promoted him to vice president with an annual salary of $100,000.
(More here.)
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