Mitt Romney has received criticism for his time at Bain Capital. What does Bain, and similar private equity firms, really do?

Professor Joshua Rauh at Northwestern University explains what private equity is, and what impact it has on the job market.

Mitt Romney’s role as founder of Bain Capital has prompted rivals to criticize him for destroying jobs. What exactly do private equity firms do?

Atkins Nutritional Holdings, the company best-known for the low-carb Atkins diet, has new owners. And they have a sweet tooth….