Private Equity, Explained

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Mitt Romney, back in his Bain Capital days.

Mitt Romney, back in his Bain Capital days. David L. Ryan/Boston Globe via Getty Images hide caption

toggle caption David L. Ryan/Boston Globe via Getty Images

Today, in the second of our two-part series on private equity, we take another look at Bain Capital — the firm co-founded by Mitt Romney.

Last Tuesday, in the first part of the series, we looked at a deal Bain did during Romney's tenure that went bad. Today, we tell the story of a deal that turned out better.

And we dig into the arguments about private equity's broad role in the economy.

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