Thursday, January 12, 2012

How Romney’s Firm Drove Steel Plant Into Bankruptcy, But Still Profited Thanks To Federal Bailout

How Romney’s Firm Drove Steel Plant Into Bankruptcy, But Still Profited Thanks To Federal Bailout: pA Missouri steel company in which former Massachusetts Gov. Mitt Romney’s (R) Bain Capital was the majority shareholder went bankrupt, laid off more than 750 workers, and had to turn to the federal government for a bailout of its pension funds in 2001, according to a special report from Reuters. Romney, whose time as CEO [...]/p

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