Ed Shultz - Holy Shite -Rmoney Promotes For-Profit College Owned By A Private Equity Firm That Does
s Business With Rmoney’s Son Tagg
http://www.republicreport.org/2012/romney-son-tagg/
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When asked about his plan for higher education, Mitt Romney has taken to endorsing the for-profit higher education industry, even singling out a specific college business, Full Sail University. When speaking with a local newspaper before the Iowa caucus, he volunteered Full Sail and other for-profit colleges as an answer to the rising costs of college tuition. He has also suggested Full Sail when speaking to college students in both New Hampshire.
Full Sail, like many for-profit colleges, is an odd choice for a conservative. These schools depend on billions in taxpayer aid, much of it wasted on advertisements and bonuses for executives. And as many have demonstrated, companies like Full Sail have a less than stellar track record when it comes to future employment and debt for their students.
As the New York Times pointed out, Full Sail is owned by a private equity firm called TA Associates, which is run by C. Kevin Landry, a major donor to Mitt Romney’s super PAC. According to Bloomberg News, Landry has now given $100,000 to Restore Our Future, the pro-Romney super PAC blanketing the airwaves in Republican primary states.
But what hasn’t been reported until now is the Romney family business connection to Full Sail. In 2008, Mitt Romney’s oldest son Tagg founded Solamere Capital, a “fund of fund” investment company that offered clients the unique opportunity to co-invest with an elite set of private equity firms. Many of the private equity firms connected to Solamere, it turns out, are prominent political allies of Tagg’s father. The line between business and politics becomes even more hazy given the fact that Mitt Romney and his wife provided a $10 million investment with Tagg’s firm, and Romney’s top campaign fundraising operative, Spencer Zwick, doubles as an executive with Solamere.
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Private equity education - WTF?????
= new reply since forum marked as read
Remember IOKIYAR
criminality anymore, do they? 
