One of the saddest stories of the changing Berkshire economy was the, slow death of KB Toys — the Pittsfield toy company Two-buttes-CO casual sex search founded in , which at its peak employed about people in the city. The company finally went up in , after a decade of cuts and bankruptcies. But as the New York Times reported last weekend, it wasn’t bad news for everyone. Private equity firm Bain Capital managed to make a lot of money off the dying company, some of which was paid through a cleverly structured retirement package to former employee, Mitt Romney, who happened to be governor of Massachusetts. There couldn’t be a more clear example of the contradictions in this, that at a time when he should have been focused on saving jobs, he was actually personally profiting from their disappearance. From the Times: During his political career, Mr. Romney has promoted his experience as a businessman while deflecting criticism of layoffs caused by private equity deals by noting that he left Bain in. But records and interviews show that in the years since, he has benefited from at least a few Bain deals that resulted in upheaval for companies, workers and communities. One lucrative deal for Bain involved KB Toys, a company based in Pittsfield, Mass., which one of the firm’s partnerships bought in. years later, when Mr. Romney was the governor of Massachusetts, the company began closing stores and laying off thousands of employees. This much has come up before. In , before his last White House run, the Times also looked into the unsavory details of how Bain makes its money: One transaction, involving the medical diagnostics company Dade Behring, took place in as Mr. Romney was leaving the firm, and the other, involving KB Toys, occurred about two years later. Bain and its co-investors extracted special payments of over $ million from each company, enabling Bain to make a profit even before re-selling the businesses — a practice known as ‘getting back your bait.’ Lenders say Bain is one of the firms that has taken the most in such payments, which companies usually make by taking on additional debt.