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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRomney to Bain: Bail Me Out and Lie About It
Romney to Bain: Bail Me Out and Lie About It
Posted: 04/25/2012 7:40 pm
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Credit Lawrence O'Donnell for exposing Romney's sweetheart deal with Bain Capital that had been described in "The Real Romney."
Bain & Company established a subsidiary called Bain Capital that was seeded with millions of dollars.
But, Romney was afraid, (yes, afraid!) he might fail, so he got Bain & Company to agree in advance to take him back if he failed, and with all the salary increases he might have received had he remained at the parent company.
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But, that is not all. Romney was concerned that, if he failed, it would damage his reputation. (One is tempted to ask, "what reputation?", but that is another story). So, Bain agreed that if Romney failed at Bain Capital, it would announce that Romney was returning to the parent because the parent company "needed him."
more:
http://www.huffingtonpost.com/paul-abrams/romney-to-bain-bail-me-out_b_1454064.html
rfranklin
(13,200 posts)but wants all the rewards.
Raven
(13,889 posts)the Republican Party...."if I fail, lie about it."
aint_no_life_nowhere
(21,925 posts)If someone could only leak this slimebucket's last 12 years of tax returns and post them on the Internet it might drive a stake into the heart of the vampire cult.
bluestate10
(10,942 posts)He is a follower by nature. Romney claims to been a mover and shaker, but his path was seeded with money from rich people connected to his father. Romney signed off on other people's work and sacrificed people when he no longer had use for them.