Mitt Romney Laid off 1,700 Workers at Dade International

One of plutocrat Mitt Romney's recurring talking points is that, unlike President Obama, he can "create jobs" because he has "mangement skills" and "business experience" due to his tenure at Bain Capital, which he ran for fifteen years.
But the facts in a New York Times article dated November 12, 2011, demonstrate the opposite:  "From 1984 to 1999, Mr. Romney and his deputies made fortunes by investing in, acquiring and then selling about 150 companies and, in numerous cases, took those companies into bankruptcy resulting in the loss of thousands of jobs."
One example cited in the article concerns a pharmaceutical company called Dade International.  According to the Times, "At Bain Capital’s direction, Dade quadrupled the money it owed creditors and vendors. It took steps that propelled the business toward bankruptcy. And in waves of layoffs, it cut loose 1,700 workers in the United States."
Source: http://nyti.ms/ylvgNJ
So, it appears that Mitt Romney's real management skills resulted in enrichening himself and his cronies at Bain Capital to the tune of hundreds of millions of dollars, while throwing thousands of American workers into the street.
Jagor