They're calling it the "Bain Bailout"—although Bain didn't receive any actual funds. But when a Federal regulator took over a failing New England bank, it decided to "forgive" several million dollars for loans that Bain had received from the bank.
Thanks for the info.
TO RJ:
Well said. Shout it Brother. Amen. Exactly right. etc etc etc.
Consider the sorce of this article — very left wing.
Consider the source of this article — very left wing.
Just watched Rick Tyler on O’Reilly. I’ve now lost faith in Newt and his organization. If they have any sense, they’ll pull the half hour program before they lose everyone.
before posting commie pinko claptrap, do actually take a few min’s to understand the issues. frankly I was fine with writing off mitt and the magical underwear, then I started actually looking at bain capital. Almost every thing in the msm is a lie or a complete commie dis information campaigne. (if you have a degree in money then comment) if you just want to be a dem tool keep reading how to be a commie tool.
“Romney’s campaign will survive.....”
I doubt it.
People need to go rent an old James Garner movie called Cash McCall.
For an old movie, it actually covers a number of bases on this subject.
Businesses fail. Corporate raiders do come in and save some of them. They also slice and dice some of them.
If a business is failing, why not take intervention? Who is helped by letting the business drop dead? Everyone looses then.
Here's what is worth looking at. Dade International Bankruptcy proceedings. The creditors accused Romney and Associates of unprofessional management and unjust enrichment. Apparently they made enough of a case than Bain had to surrender proceeds from stock shares or something.
Any way that's enough to do some research and see what really happened I hope. Wouldn't the bankruptcy proceedings of this company be a matter of public record?
Not if we do not have a President that does not have an interest in Bain.