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dkf

(37,305 posts)
29. Ummm...the FDIC didn't give him a bailout.
Fri Aug 31, 2012, 05:53 PM
Aug 2012

They took over a bank that held Bain's loan. If Bain was really worth nothing at the time, then Romney actually got more paid to the FDIC fund (which is paid by banks, not taxpayers) than otherwise.

I have to say I think this is pretty damned impressive. He got the raiders who took all the money to give it back. Then he used bonuses as leverage to keep the funds in the firm. He kept 1000 people in their jobs and turned Bain Capital into a thriving venture.

Say what you will about his principals...this guy is kind of spooky in how he knows how to play the situation.

The man is a shark.

K&R This needs more vis. Thanks for posting. Scuba Aug 2012 #1
K&R! Thanks for the link! Let's get this out on social media. highplainsdem Aug 2012 #2
Let's keep this kicked! calimary Aug 2012 #3
All I got was a lousy $20 payroll tax cut gerryburns Aug 2012 #4
Let's hope he never gets to run the country. NT. andym Aug 2012 #5
Please note burnsei sensei Aug 2012 #6
kick Angry Dragon Aug 2012 #7
Behind every great fortune lies a great crime. - Balzac K&R Egalitarian Thug Aug 2012 #8
K & R AzDar Aug 2012 #9
Romney Did Not Build It erpowers Aug 2012 #10
he almost destroyed it bigtree Aug 2012 #11
GOP means HYPOCRISY Octafish Aug 2012 #12
K&R! This information needs to be known far and wide. beac Aug 2012 #13
Wow, what a grifter. Like Palin on steroids. nt nc4bo Aug 2012 #14
Oh MY....how nice of him....nt. Stuart G Aug 2012 #15
kick bigtree Aug 2012 #16
Team Obama needs to use this amuse bouche Aug 2012 #17
kick bigtree Aug 2012 #18
K&R for More Con man/aka/ Cha Aug 2012 #19
Wow - people should read the whole article - Romney got his own personal bail out! jsmirman Aug 2012 #20
Can Flatpicker Aug 2012 #21
No wonder Wall Street loves Mitt. He is one of them. PA Democrat Aug 2012 #22
bombshell. RECOMMENDED! Bill USA Aug 2012 #23
Olbermann tweeted this morning... "Bain Bailout = Ballgame. See ya, Mitt." Waiting For Everyman Aug 2012 #24
This topic should be brought up in the debates KansDem Aug 2012 #25
It's a fortune created out of DEBT & GOVERNMENT HANDOUTS. Mitt is a WEALTHFARE QUEEN.eof patrice Aug 2012 #26
k&r... spanone Aug 2012 #27
Any chance this could be a debate question? exboyfil Aug 2012 #28
Ummm...the FDIC didn't give him a bailout. dkf Aug 2012 #29
This shouldn't be our little secret. It needs a lot of exposure. Thank you, bigtree. Rec. n/t Judi Lynn Sep 2012 #30
K&R. Overseas Sep 2012 #31
Romney lie? Liberal_in_LA Sep 2012 #32
Sorry I missed this on the first round. kentuck Sep 2012 #33
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