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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRomney's Legacy of Worker Abandonment
by Gary Cohn
Pulitzer Prize Winning Investigative Journalist
Romneys Legacy of Worker Abandonment - Asbestos-Sickened Workers Left Gasping for Breath
Bain reneges on benefits, pensions, investigation uncovers human cost.
(PRWEB) October 15, 2012
In early 2012, reports began to surface about Bain Capitals acquisition and handling of GS Industries, a steel manufacturer operating out Kansas City, MO. Pulitzer Prize-winning investigative journalist Gary Cohn, in partnership with the Mesothelioma Cancer Alliance (MCA), digs deeper into a truly harrowing story involving Republican Presidential hopeful Mitt Romney, Bain Capital and the human casualties of the private equity profit model.
In his vivid and comprehensive report, Cohn outlines how Romney's then-controlled Bain Capital acquired Kansas City based GS Industries, a steel company, promising worried workers that their pensions and health insurance would remain intact, regardless of company's future and status.
In 2001, Bain changed its mind. Pensions were cut. Health coverage for the plants 750 workers, many of whom had begun showing signs of asbestos-related disease from decades of service to the mill, was also no longer their responsibility. They were on their own.
This eye-opening and compelling report outlines how Mitt Romney's Bain Capital systematically dismantled hardworking American lives while toeing the line between morality and profit.
For the full story, including disturbing testimonies of the plant's workers and their families, visit "A Promise Not Kept: Profits Over People".
http://www.mesothelioma.com/blog/authors/gary/a-promise-not-kept-profits-over-people.htm
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