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I just happened to see this report on a blog at Big Government.com I hope it's helpful. The bloggers tag is Fox Mulder

From the article: The Globe also notes that the fund containing Romney's Fannie and Freddie funds also included investments in Bank of America, Goldman Sachs, Wells Fargo, and JPMorgan Chase. If Romney invested in those banks in the second half of 2007, as a campaign aide says he did, then Romney's investments benefited from the federal bailout of those banks, which received tens of billions of dollars to stay afloat.

And wouldn't that also mean that if other bailouts were to come under a Romney presidency, he would likely benefit in some way somehow.

I don’t mind the investments by Mitt. It is the calling out of Newt who was only a consultant for Fannie and/or Freddie that is hypocritical. Lets see if Michelle comes after Mitt on the issue.

Ping..

It’s a MUTUAL FUND...I don’t believe he gets to choose what bonds/stocks are in it....it probably has a lot of others, too. I’m not a Romney fan, but let’s not be ignorant.

U.S. government securities are a key ingredient in investment banking and corporate finance of all kinds.

I kind of lump private equity, banks, investment banks, etc., all into “big money”.

What is called “wall street” does not really exist in the form that it used to, since repeal of Glass-Steagall allowed investment banks to become banks and thus qualify to borrow from the Federal Reserve discount window.

The worldwide government debt bubble (including the U.S.) is currently forcing all sorts of machinations to keep the major banks of the world from having them admit their insolvency.

The top 3 French banks have balance sheets that in total are 3 times the size of the French GDP.

Mitt has lived in the world of big-money since the beginning of his career; he knows nothing else.

That is why he instinctfully offered the $10,000 bet. That first instinct - without time to consider what he was saying - was most revealing. To him $10,000 is a bet between friends.

This is what I try to convey on Mitt. He may be a nice neighbor, a great PE guy, but he’s not what the nation needs as a President.

Remember the movie Dave ? Where the guy’s accountant came and looked over the country’s books and solved things ? That’s what we need for a President now. Somebody from main street.

The Boston Globe LOVES Romney, so this is most likely
a non-story designed to LEAD AWAY FROM:

“US election 2012: Mitt Romney's life as a poor Mormon missionary in France questioned
Although he spent time in other French cities, for most of 1968, Mr Romney lived in the Mission Home,
a 19th century neoclassical building in the French capital’s chic 16th arrondissement.
…. “I would describe it as a palace”.
Tearful as he described … Romney aides had asked him not to speak publicly …
The building...was bought by the Mormons in 1952,
having been seized by the Nazis during the Second World War.
The Church sold it again..
.it was until recently the embassy of the United Arab Emirates.”

"(The GroundZero Mosque) cleared its final hurdle ….
developers plan to build the $100 million center which will include a mosque.
Since its incipient stages in July 2009, when a Muslim-run real-estate development
company purchased the damaged, vacant building and land where the new center
will be built, the project has sparked controversy and debate.
.... the tattered building that was bought by the Muslim real estate company had
been owned by a subsidiary of Bain Capital, a company Romney founded in 1984.
So it’s OK if his company can profit off the sale of the land ."

“Bain Capital, has cut checks totaling $90,000 to Romney’s operation. “

so what - a lot of “government” funds are able to invest in these notes.