Bain Capital and Romney’s Tax Realities with PROPUBLICA Author Jesse Eisinger
Episode 53 : Media Mayhem
Episode Synopsis
In this short episode, PROPUBLICA author Jesse Eisinger sheds light on the tax rates of Mitt Romney and the business model employed by Bain Capital, and how they leveraged debt against their clients.
With so much talk in the election about Romney’s “business experience,” Eisinger shows the real substance of the shady means he employed to achieve his success.
With so much talk in the election about Romney’s “business experience,” Eisinger shows the real substance of the shady means he employed to achieve his success.
Guest Bio
Jesse Eisinger is a Pulitzer Prize winning senior reporter at ProPublica covering Wall Street and finance who also writes for The New York Times’s Dealbook section. Throughout his career Jesse has worked at the Wall Street Journal, Dow Jones Newswires, thestreet.com and as the Wall Street editor of Conde Nast Portfolio.
Jesse won his Pulitzer Prize along with his writing partner Jake Bernstein for a series of stories on Wall Street’s practices that caused the United States’ most recent financial fallout.
Jesse won his Pulitzer Prize along with his writing partner Jake Bernstein for a series of stories on Wall Street’s practices that caused the United States’ most recent financial fallout.
Episode Breakdown
00:01 Welcome to Media Mayhem.
00:18 Introducing Jesse Eisinger.
00:48 The truth about Bain Capital’s business practices.
03:47 The tax benefits of leveraging debt.
06:43 “Did Bain Capital turn any companies around?”
08:28 Did Romney have business skill?
10:18 Romney’s comments on 47% of Americans.
13:05 Casting aspersions on people while taking advantage of tax loopholes.
00:18 Introducing Jesse Eisinger.
00:48 The truth about Bain Capital’s business practices.
03:47 The tax benefits of leveraging debt.
06:43 “Did Bain Capital turn any companies around?”
08:28 Did Romney have business skill?
10:18 Romney’s comments on 47% of Americans.
13:05 Casting aspersions on people while taking advantage of tax loopholes.
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Hosted By
Allison Hope Weiner
Allison Hope Weiner was a Century City entertainment litigator before she began writing about Hollywood as a journalist. A graduate of Columbia University and the University of Southern California Law Center, she joined the legendary firm of Wyman, Bautzer—where she represented entertainers and corporate media clients.
