General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSomething's missing from the extensive lists of Rmoney's malfeasant activities being posted on DU
joycejnr
(326 posts)Their only disappointment is that it was only 35,000.
flamingdem
(39,332 posts)such as Richard Secord.
Have you posted something on that I might have missed?
flamingdem
(39,332 posts)flamingdem
(39,332 posts)Turborama
(22,109 posts)It's a lot to take in. As I said in reply to that post, to really make an impact, this could do with an info. graphic / easy to follow flow chart tying everything together.
flamingdem
(39,332 posts)we'd have to have Ollie North and Reagan in the center of the graph!
yardwork
(61,715 posts)aint_no_life_nowhere
(21,925 posts)by shareholders of the companies they bought up, alleging a bid-rigging conspiracy in violation of federal anti-trust laws making its way through federal district court. The shareholders allege that Bain and other leverage buy out firms were in cahoots to not bid on each other's deals in order to eliminate competition and drive down the value of the shares of the targeted companies ... and they have the e-mails to prove it.
http://www.huffingtonpost.com/2012/09/12/bain-capital-club-deals-lawsuit_n_1877591.html
bananas
(27,509 posts)I just hunted through www.dogsagainstromney.com to see if they have more details, and yes they do:
Wednesday, August 8, 2012
Mitt Romney's Ties to El Salvadoran Death Squads
We told you previously how Mitt Romneys Bain Capital made him rich with investments that are unfriendly to animals. Now, even more disturbing news has surfaced.
A few weeks ago, rumors began to swirl that Romney might have founded Bain Capital with dirty money from El Salvadoran families with ties to that countrys civil war atrocities. The Huffington Post reports this week that the Romney campaign, when asked about the matter, responded only by forwarding a 1999 Salt Lake Tribune article that states, "about $6.5 million of $37 million that established the company came from wealthy El Salvadoran families linked to right-wing death squads."
According to the United Nations, right-wing death squads were responsible for 85% of the 35,000 death squad murders during the El Salvadoran civil war from 1979 1992.
Romney and Bain Capital went on to earn hundreds of millions of dollars by buying companies and then outsourcing American jobs to cheaper labor markets overseas and by investing in companies like Stericycle and Burlington Coat Factory. Stericycle specializes in disposing of aborted human fetuses and animals killed by animal testing. Burlington Coat Factory has been cited for importing improperly labeled coats made from the skins of dogs and cats killed in China.
Is there no limit to how low Mitt Romney is willing to go to enrich himself?
Sources:
The Huffington Post: http://www.huffingtonpost.com/2012/08/08/mitt-romney-death-squads-bain_n_1710133.html?utm_hp_ref=mostpopular
Wikipedia: http://en.wikipedia.org/wiki/Salvadoran_Civil_War#Human_Rights_Abuses
New York Magazine: http://nymag.com/daily/intel/2012/07/romney-invested-in-a-fetus-disposal-company.html
Wikipedia: http://en.wikipedia.org/wiki/Burlington_Coat_Factory
bananas
(27,509 posts)Somehow I didn't hear about it, thanks for posting.
Friday, August 10, 2012
Romneys Death Squad Ties: Bain Launched with Millions from Oligarchs Behind Salvadoran Atrocities
(embedded video)
Republican presidential candidate Mitt Romney is facing new scrutiny over revelations he founded the private equity firm Bain Capital with investments from Central American elites linked to death squads in El Salvador. After initially struggling to find investors, Romney traveled to Miami in 1983 to win pledges of $9 million, 40 percent of Bains start-up money. Some investors had extensive ties to the death squads responsible for the vast majority of the tens of thousands of deaths in El Salvador during the 1980s. Were joined by Huffington Post reporter Ryan Grim, who connects the dots in his latest story, "Mitt Romney Started Bain Capital with Money from Families Tied to Death Squads." "Theres no possible way that anybody in 1984 could check out these families which is the term that (Romneys campaign) use, these families and come away convinced that this money was clean," Grim says.
Filed under Mitt Romney, El Salvador, Election 2012, Ryan Grim
Guest:
Ryan Grim, Washington, D.C. bureau chief for the Huffington Post. His latest story is "Mitt Romney Started Bain Capital with Money from Families Tied to Death Squads."
<snip transcript and related links>
Turborama
(22,109 posts)I was wrong to assume everyone had heard about it and should have added something in the OP.
I was also unsure which articles to post, the links you've posted are probably the best ones.
Still no mention of this whatsoever in any of the MSM outlets.