Posted on 07/18/2012 8:00:04 AM PDT by RummyChick
The Obama campaign blamed Governor Mitt Romney for the demise of GST Steel company in a video they released in May. The plant closed in 2001. Mitt left Bain in 1999.
Posted by Jim Hoft on Wednesday, July 18, 2012, 5:43 AM
Obama and top campaign bundler Jonathan Lavine from Bain Capital.
The Obama campaign blamed Governor Mitt Romney for the demise of GST Steel company in a video they released in May. The plant closed in 2001. Mitt left Bain in 1999.
For some reason the Obama camp forgot to mention this… Obama’s top bundler Jonathan Lavine was in charge of Bain during the BST layoffs. Chuck Slowe reported:
Blaming Governor Romney for any issues surrounding the failure of GST is wrong and it is a blatant lie. Mitt Romney had been long gone when the company started to fail and subsequently closed it doors. When are the President and his campaign hacks going to get the story correct? When are they going to get back to their economy and its dreadful condition? Mr. President, you can run but you cannot hide.
It turns out that Jonathan Lavine, current Obama bundler, was actually in charge, at Bain, during that period, when the layoffs occurred. Oops, that isn’t right, is it? Yes, that story is the one that needs to be reported on. Sorry Mr. President, your lies are just getting to be more than many of us are able to handle.
And, Jonathan Lavine is not your average Obama Bain donor. Lavine is one of Barack Obama’s top bundlers. ABC reported:
While Democrats assail presumptive Republican presidential nominee Mitt Romney’s Bain Capital business practices, Republicans note that President Obama has not been bashful about accepting cash from Bain executives or other high-profile figures in the corporate buyout business…
…One of Obama’s top campaign financiers – Jonathan Lavine – is also managing director at Bain, bundling between $100,000 and $200,000 in contributions for the 2012 Obama Victory Fund, according to estimates released by the Obama campaign. The president has also relied on other leading figures in the private equity sector as hosts for high-dollar fundraisers and as members of his Jobs Council.
Maybe someday the liberal media will report on this.
Did you email this to Fox News?
Not to mention that another top bundler, Jon Corzine, was head of MF Global, which collapsed with the theft of $1.6 billion dollars of client money. Jon Corzine hasn’t been charged and remains a free man today, although the head of another failed futures broker (PFG Best), one Mr. Wasendorf, was charged with crimes a day after the collapse, in which “only” $200 million of client money was stolen. Oh, did I forget to mention that Mr. Wasendorf was a Republican, unlike Mr. Corzine? Because that might have something to do with who gets charged with which crimes.
looks like it is old news
but Drudge is linking to the new article
Oopsie...but remember, it is the seriousness of the charges, not the accuracy of the accusations!
Well, it was news to me.
...just sent to Rush
I’ll have to listen and see if he brings it up.
...just sent to Rush
..if more people send it ...it will be mentioned
True, I am 24/7 member as well.
This will not escape the echo chamber.
I’m sure the mainstream propaganda machine will get right on this.
Right after they show the Roanoke Virginia Speech
Exactly! They will hit it as hard as they did Obama's Roanoke take down of American businesses. That is to say, not at all.
News to me, too. I take the dogs for a walk, and occasionally miss a story that is posted here or at Breitbart.
Drudge is now a Romneybot, but he still does a useful service getting the word out about Obama—now that he’s not too busy bashing Santorum.
Mr. Jonathan Scott Lavine is a Managing Director at Bain Capital, LLC. He is a Managing Director and Chief Investment Officer at Sankaty Advisors, LLC. He is a Member of Credit Committee at Sankaty Credit Opportunities V LP. Mr. Lavine joined the firm in 1997. From 1993 to 1997, he was an Investment Executive in Bain Capital’s private equity business. Prior to joining Bain Capital, Mr. Lavine worked as a Consultant at McKinsey & Company. Previously, he worked in the ... Mergers and Acquisitions Department at * Drexel Burnham Lambert, where he focused on acquisitions, financings, and restructurings in a variety of industries. Mr. Lavine also worked as a Director of Modus Media, Inc. He is a Director of Banner Seventeen LLC and a Trustee at City Year, Inc. Mr. Lavine received a B.A. from Columbia College and an M.B.A., with distinction, from Harvard Business School.
* Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was forced into bankruptcy in February 1990 by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. At its height, it was the fifth-largest investment bank in the United States.
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