In part one, we have seen that despite what [PolitiFact] said about Cain mostly telling the truth about inheriting a company near bankruptcy, Godfather’s Pizza was never near bankruptcy. He was inheriting a company that was expected to do well by its previous owners and Pillsbury, its new owner. This surely should be considered an outrageous lie by Cain. In part two, we will see what Cain did with this promising company and how Cain turned a company probably worth about $130 million into a company worth $30 million in two and a half year[’]s time.
[Pillsbury] had given Cain his shot and he had failed to turn the company around or to bring about the profits they had expected. They obviously did not think that Cain was going to turn the company around anytime in the near future.
In Part 3, which I plan to have up next week, we will see how Cain repeatedly made highly suspect claims about how the company was doing.
The facts point to the fact that PolitiFact should have reported that Cain’s statement that Godfather’s was going bankrupt and he turned it around was mostly a lie, if not a complete lie.