On last night’s The Daily Show, Jon Stewart gets to the bottom of what Mitt Romney really did at Bain Capital for 25 years. Not only did the former Massachusetts Governor only pay 15% taxes on tens of millions of dollars in personal income but he also took huge profits while taking companies public, then forcing them to go bankrupt. It’s called pump and dump for those of you who are not in the 1 percent.
| The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
| Indecision 2012 – Bain Man | ||||
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For a more accurate article about private equity firms, like Bain Capital, and what Mitt Romney actually, read the article below. Surprisingly Mitt Romeny’s job was not to “force companies to go bankrupt.”
http://theweek.com/article/index/223196/mitt-romneys-much-maligned-career-at-bain-capital-an-instant-guide
If you haven’t realized, Jon Stewart is among the 1% wealthiest in the US.
http://money.cnn.com/2011/10/20/news/economy/occupy_wall_street_income/index.htm