The Federal Bailout that Saved Mitt Romney

The Federal Bailout That Saved Mitt Romney | Rolling Stone

Mitt Romney helped secure a federal bailout to keep Bain & Company from collapsing – then had the company pay Bain Capital a cool $4 million consulting fee for his services. The bailout Romney put together cost the FDIC $10 million, and came at a time when the company had “no value as a going concern.”
Now, who is that said that Romney is a great money manager: Hogwash !!

http://www.rollingstone.com/politics/news/the-federal-bailout-that-saved-mitt-romney-20120829

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: