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When Mitt Romney Bet On Staples

10/19/12 | 6m 48s | Rating: NR

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.

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Funding for FRONTLINE is provided through the support of PBS viewers and by the Corporation for Public Broadcasting. Major funding for FRONTLINE is provided by the Ford Foundation. Additional funding is provided by the Abrams Foundation; the John D. and Catherine T. MacArthur Foundation; Park Foundation; and the FRONTLINE Trust with major support from Jon and Jo Ann Hagler on behalf of the Jon L. Hagler Foundation, and additional support from Koo and Patricia Yuen.

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