Friday, September 21, 2012

How Mitt Romney and Bain Helped Grow Monsanto Into a Biotech Giant | Alternet

How Mitt Romney and Bain Helped Grow Monsanto Into a Biotech Giant | Alternet
"The romance between Romney and Monsanto began back in 1977, when the recently minted Harvard Law and Business School graduate joined Bain, the Boston-based consulting firm launched in 1973, the same year Monsanto became one of its first clients. One of Bain’s founding partners, Ralph Willard, described to theBoston Globe  in 2007 how “Romney learned the technical aspects of the chemical business so thoroughly that he sounded as if he had gone to engineering school instead of business school,” and that Monsanto executives soon began “bypassing” him to go directly to Romney.This history matters not just because of the light it sheds on Romney’s self-ballyhooed business experience but because of the litany of Monsanto corporate objectives that clash with planetary concerns. If Romney is elected, this bĂȘte noire of environmentalists will have a very old friend in a very high place."

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