Is Romney still profiting from outsourcing jobs?

[ProSense]

Workers at Bain-owned plant appeal to Romney to save their jobs

Andy Sullivan

Reuters

<...>

As a major investor in Sensata, Romney could gain from an outsourcing move that is likely to cut costs and increase the company's presence in emerging markets.

Romney owns at least $7.8 million in eight Bain funds that collectively hold 51 percent of Sensata's shares, according to a disclosure report he released in June.

Romney earned between $1.4 million and $9 million in 2011 from dividends, interest and capital gains from those funds, which also invest in other companies, the report shows.

<...>

It is not possible to say how much Romney has made from Sensata directly because private-equity firms typically do not release detailed financial statements.

http://www.chicagotribune.com/news/sns-rt-us-usa-campaign-bainbre86g1bp-20120717,0,2746845,full.story

[PDJane]

1. Of course he does. Why not?

If your whole aim is to amass as much money as is humanly possible, outsourcing is a fine way to do so. Along with anything else that can be made to turn a profit, like medical waste and abusing teenagers. Why not?

[thelordofhell]

2. yes

[ProSense]

3. Mitt has got some explaining to do. n/t

[hifiguy]

4. Do ursine mammals defecate in forested areas? nt