Matt Taibbi has written a cover story for Rolling Stone called, Greed and Debt: The True Story of Mitt Romney and Bain Capital. You really ought to read it. It is filled with wonderfully truthful and snarky passages like this one:
My assumption is that Taibbi is an asshole. But I’ll take a thousand assholes like him rather than one “nice guy” like Paul Ryan.
Update (29 August 2012 5:46 pm)
Taibbi has written a follow-up article where he responds to a correspondent who emailed:
It amazes me that anyone would respond to his original article with this statement. No one—certainly not Taibbi himself—is arguing that private equity companies don’t make money for their investors. As Taibbi points on in the original, they don’t actually perform any better than the stock market itself, and if it weren’t for the tax law favoring them, they would do much worse. But the argument that Taibbi is making is that in the process of making their mediocre profits, PE firms are destroying our economy and society. What’s more (and Taibbi doesn’t make this case here), those union members who are making money from investments in PE are by definition not the people who have lost their jobs through PE takeovers of companies.
Again, you should really check out this article. It is a bit long (8,000 words), but it is worth it. In fact, I’d say it provides the best portrait of Romney I’ve yet read. Disturbing but enlightening.