Bain Capital

Bain Closes U.S. Plant, Makes Workers Train Chinese Replacements

In another example of how Mitt Romney's Bain Capital creates jobs, we learn that Bain has for months been dismantling and shipping to China a Freeport, Ill., car parts plant -- and requiring the soon to be laid-off U.S. workers to personally train their Chinese replacements.

What Candidate Romney and Queen Elizabeth Have in Common

With all the talk about Mitt Romney's worth -- as much as $255 million, we learned Friday -- we were intrigued by Monday's report on the holdings of Queen Elizabeth II. Turns out they have more in common than you'd guess, and the candidate could learn a thing or two from the monarch.

Why Gold Rose 420% in Eight Years: Blame It on the ETF

Gold is on a record bull run, up from $328 in 2002 to $1,375 an ounce today. What caused that steep rise wasn't any inherent increase in gold's value to society, but a clever marketing scheme that allowed it to be traded easily without the hassle of physical delivery: The SPDR Gold ETF.

Bain Capital to Buy Gymboree for $1.8 Billion

Children's clothing retailer Gymboree (GYMB) has agreed to be acquired by private-equity firm Bain Capital Partners for $1.8 billion in an all-cash deal, the companies said Monday.

Gymboree Hires Goldman Sachs to Auction Itself Off

After seeing interest from potential buyers, children's clothing retailer Gymboree has hired Goldman Sachs to auction itself off, and more private-equity firms have already stepped in to say they want to play. Gymboree executives are reportedly looking for price of $55 to $60 a share.

Private Equity Creates Big Returns, Big Controversy

Now that private equity is no longer producing monster returns, it's time to assess its value. By using debt, buyout shops have taken over struggling companies and enriched investors. But critics say the practice leads to more layoffs and the "flipping" of companies.