Bain Capital Launched with Death Squad Money 2012 08 12 Democracy Now

Bain Capital Launched with Death Squad Money 2012 08 12 Democracy Now

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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 Bain’s 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.

We’re 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."

"There’s no possible way that anybody in 1984 could check out these families — which was the term that [Romney’s campaign] used — and come away convinced that this money was clean," Grim says.


http://www.democracynow.org/2012/8/10/romneys_d...ies_bain_launched

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