Romney Took Almost-Bankrupt Bain Money For Executive Bonuses While Owing The Government Millions
Submitted by Vegasman
Romney has always taken credit for rescuing Bain & Co., the consulting firm where he got his start (as distinct from Bain Capital, the private equity operation he later co-founded) from the clutches of bankruptcy by dint of fearless resolve, hard work, and common sense. The truth: He raided its coffers for executive bonuses even as it owed millions to the federal government, and used the resulting lack of cash as leverage to screw over the company’s creditors.Click here for reuse options!
Copyright 2012 Liberaland