Patters

The Federal Bailout That Saved Mitt Romney | Politics News | Rolling Stone

According to the candidate's mythology, Romney took leave of his duties at the private equity firm Bain Capital in 1990 and rode in on a white horse to lead a swift restructuring of Bain & Company, preventing the collapse of the consulting firm where his career began.

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In fact, government documents on the bailout obtained by Rolling Stone show that the legend crafted by Romney is basically a lie. The federal records, obtained under the Freedom of Information Act, reveal that Romney's initial rescue attempt at Bain & Company was actually a disaster – leaving the firm so financially strapped that it had "no value as a going concern." Even worse, the federal bailout ultimately engineered by Romney screwed the FDIC – the bank insurance system backed by taxpayers – out of at least $10 million. And in an added insult, Romney rewarded top executives at Bain with hefty bonuses at the very moment that he was demanding his handout from the feds.

patsfan13

Close to 25,000,00 million people are unemployed what does RS have to say about that?

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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."

chicowalker

Ah, the "moderator" yet again hijacking...

DarrylS

Maybe it is that factchecker stuff all over again, do not stick with the facts.

The Rolling Stone Article may prove interesting.. maybe he didn't "build" that.

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.

PatriotsReign

Hey, Patters just tried to hijack my thread on public worker pensions. Doesn't everyone here hijack?

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"No one walking this earth knows what is truly righteous"