BUT why should American taxpayers have to be forced to pay for Willard’s business incompetence and greed?
—
Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut..
What’s more, 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.
http://legalinsurrection.com/2012/01/bain-drip-drip-drip/
The Wall Street Journal analysis this week was devastating for Willard the Vulture/Lib at Bain..
Adding insult to injury, Bain would hide its profits in tax havens, not even paying the rate it was supposed to on the profits it made laying off workers.
Let’s see how the taxpayers feel about bailing out these companies’ pension funds and receiving no tax money back from Bain. Let’s let the people decide what they think of bailing out Romney.
Bottom line again: Why should American taxpayers have to be forced to pay for Willard’s business incompetence and greed?
Do you have links to the WSJ articles? I am book marking for future reference.