American Sen. Mitt Romney’s investment firm Bain Capital profited billions between 1992 and 1997 by collecting huge dividends for investors that eventually resulted in layoffs for thousands of American workers.
Mitt Romney's Bain Capital Profited Billions By Bankrupting American Workers
In 1984, Romney helped co-found Bain Capitol, which made a series of investments in small and medium-sized American companies, only to turn a profit for investors and leave American workers without a job.
Most prominent are five companies that Romney’s Bain Capital invested in, reaping a profit for himself and investors, and then left to bankruptcy, layoffs, and closure. AOL Finance reported on the financial devastation that Romney’s Bain Capital put American workers through.
In 1992, Romney’s Bain Capital invested $5 million in American Pad & Paper and walked away with $100 million in dividends. Nearly 400 America...
Full Access
Included:
-
Access to All Articles.
-
One Plan. No Tiers.
-
No Ads.
-
Cancel anytime.
