Taibbi On Romney’s Time At Bain

Mitt Romney decries the national debt, but his career was made by running up debt on companies on their last lifeline.

“The result has been a brilliant comedy: A man makes a $250 million fortune loading up companies with debt and then extracting million-dollar fees from those same companies, in exchange for the generous service of telling them who needs to be fired in order to finance the debt payments he saddled them with in the first place.”

http://www.businessinsider.com/matt-taibbi-mitt-romney-bain-rolling-stone-2012-8#ixzz25OdRh2CV

Comments

  1. One of the 99% says:

    I want a piece of that action. That is good work if you can find it.

Speak Your Mind