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Report: Romney Made Millions off of Detroit Bailout

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Filed: Country: Philippines
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"I should tell my story. I'm also unemployed." —Mitt Romney, speaking in 2011 to unemployed people in Florida. Romney's net worth is over $200 million.

Mitt Romney’s opposition to the auto bailout has haunted him on the campaign trail, especially in Rust Belt states like Ohio. There, in September, the Obama campaign launched television ads blasting Romney’s November 2008New York Times op-ed, “Let Detroit Go Bankrupt.” But Romney has done a good job of concealing, until now, the fact that he and his wife, Ann, personally gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion. Their gains, and the Romneys’, were astronomical—more than 3,000 percent on their investment.

http://www.thenation.com/article/170644/mitt-romneys-bailout-bonanza#

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