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highplainsdem

(48,987 posts)
Thu Oct 18, 2012, 03:55 PM Oct 2012

Democracy Now! video at The Nation: Greg Palast on how Romney made millions from the auto bailout

http://www.thenation.com/blog/170662/greg-palast-mitt-romney-made-millions-auto-bailout

It may surprise many voters to learn that Mitt Romney made at least $15 million from the auto industry bailout he attacked in 2008. But that’s just what investigative journalist Greg Palast reports in a new exposé in The Nation today, and he joined Democracy Now! this morning to talk about the Romneys’ stake in Delphi, GM's autoparts division. On the show, Palast also presents a video report detailing how Mitt Romney used Ann Romney’s blind trust to put millions of dollars in a hedge fund that bought Delphi for sixty-seven cents a share, received more than $12 billion in bailout funds and moved almost every one of its autoplants to China.


Video at that link.

Link to Palast's article:

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



Direct link to the video and transcript at Democracy Now!:

http://www.democracynow.org/2012/10/18/greg_palast_mitt_romneys_bailout_bonanza
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