From reporter Art Levine, an investigation of the story behind a Bain Capital success: “Bain Capital, the private equity firm founded by Mitt Romney in 1984, prides itself on turning around failing businesses. But lawsuits and critics allege that controversial profit-maximizing methods and the residential treatment industry don’t mix.”
The story was published by Salon.com in partnership with The Investigative Fund at the Nation Institute, which, along with the Fund for Investigative Journalism, provided financial support for the investigation.