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Old 01-13-2012, 01:26 PM   #11
AtLast
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Default Bain Cap and taxpayer pension bail outs!

http://www.dailymail.co.uk/news/arti...nment-44m.html

Revealed: The steel company deal that earned Mitt Romney millions while costing the government $44m and 750 people their jobs

Read more: http://www.dailymail.co.uk/news/arti...#ixzz1jMrxQQp2

This is the stuff that really irks me-

...< a federal government insurance agency had to pony up $44 million to bail out the company's underfunded pension plan. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees. <<-

Bain/Romney make $ while the fed government ends up having to make things right for employees!!
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