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Wednesday, August 22, 2012

A Tale of Three CEOs: Romney, Bain, and a Crooked Executive's Overlooked Story

In the annals of Mitt Romney's days at Bain Capital, one story seems to have escaped our collective memory. 

It involves Bain's acquisition of a New York City drug store chain during Mitt Romney's tenure there, and the hiring of a new president who would turn out to have pronounced criminal tendencies. When the story of Duane Reade's Anthony Cuti is put together with the better-known story of Bain's relationship with a Medicare-defrauding lab testing company, it becomes a tale of two criminal CEOs - and of the presidential candidate who was involved in choosing them both.

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