Romney purports to have leadership skills for the presidency based on his business expertise. *Pfft*
Government documents prove the candidate's mythology is just that
...federal bailout of Bain & Company ... made so much of his outsize wealth possible.
... government documents on the bailout obtained by Rolling Stone show that the legend crafted by Romney is basically a lie. The federal records, obtained under the Freedom of Information Act, reveal that Romney's initial rescue attempt at Bain & Company was actually a disaster – leaving the firm so financially strapped that it had "no value as a going concern." Even worse, the federal bailout ultimately engineered by Romney screwed the FDIC – the bank insurance system backed by taxpayers – out of at least $10 million. And in an added insult, Romney rewarded top executives at Bain with hefty bonuses at the very moment that he was demanding his handout from the feds. [emphasis mine]
It's always the same old story with the robber barons like Romney "socialize the losses privatize the profits"
Obama needs to keep hammering at Bain & Co to let taxpayers know Romneys wealth came out of their pockets.