How Did Mitt Romney Get So Obscenely Rich? (VIDEO)

How Did Mitt Romney Get So Obscenely Rich? (VIDEO)

How Did Mitt Romney Get So Obscenely Rich? (VIDEO)

Explaining the “magic” of private equity in eight simple steps.

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In this video from MoveOn.org, Robert Reich, Professor of Public Policy at the University of California at Berkeley, explains in eight simple steps how private equity partnerships make money. Spoiler alert!—the answer involves cutting costs, jobs and benefits.

Erin Schikowski

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