When Mitt Romney Bet On Staples
Video duration: 6:48
In 1986, Mitt Romney was two years into his tenure at Bain Capital and starting to feel the pressure. His partners had invested millions to help launch the firm, and while Bain had made a few modest deals, it had yet to hit its stride. That all changed when a former supermarket executive went to Romney with a pitch for an office supplies chain called Staples.