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To: Logical me

Problem was Mitt borrowed money from banks to insert into those failing companies, then immediately transferred most of that cash to Bain. When those companies went bankrupt, he kept all the money and the creditors got stuck with the bill. On 3 out of 4 of Bain’s biggest acquisitions, they went bankrupt yet Bain profited on them, keeping that money instead of paying back the banks. Romney was a deadbeat.


23 posted on 01/18/2012 10:48:31 AM PST by JediJones (Newt-er Romney in 2012!)
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To: JediJones

I meant 3 out of 10 of Bain’s biggest acquisitions.


28 posted on 01/18/2012 10:51:43 AM PST by JediJones (Newt-er Romney in 2012!)
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