Maybe Bain isn’t as bad as Mitt Romney’s foes said

The Boston Globe reports:

So, Deval Patrick is off to a new job at Bain Capital: venture capitalist with a heart of gold.

How can that be? Bain is bad, at least according to anyone who ever ran for office against its founder, Mitt Romney.

Yet Patrick, a Democrat who served for eight years as Massachusetts’ governor, has been hired to supposedly direct investments in companies that produce profits by doing good.

That’s quite the image reboot for an investment giant traditionally demonized for generating profits, no matter what the human toll. Bain pours capital into promising startups as well as troubled companies it hopes to turn around. Investors get rich, even when companies fail and their employees end up without jobs or health insurance.

If only Mitt Romney was a Democrat and brown.