Sunday, October 21, 2012

Democracy Now: Greg Palast: "Mitt Romney’s Bailout Bonanza -- How He Made Millions from the Rescue of Detroit"

Greg Palast: "Mitt Romney’s Bailout Bonanza: How He Made Millions from the Rescue of Detroit"
Democracy Now

We turn now to a major new exposé on the cover of The Nation magazine called "Mitt Romney’s Bailout Bonanza: How He Made Millions from the Rescue of Detroit." Investigative reporter Greg Palast reveals how Republican presidential nominee Mitt Romney made some $15 million on the auto bailout and that three of Romney’s top donors made more than $4 billion for their hedge funds from the bailout. Palast’s report is part of a film-in-progress called "Romney’s Bailout Bonanza." Palast is the author of several books, including recently released New York Times bestseller, "Billionaires & Ballot Bandits: How to Steal an Election in 9 Easy Steps."

Guest:

Greg Palast, investigative reporter who has tracked Romney’s "vulture" fund partners for five years for BBC Television’s Newsnight. He is the author of the recently released New York Times bestseller, Billionaires & Ballot Bandits: How to Steal an Election in 9 Easy Steps. His new Nation exposé is called "Mitt Romney’s Bailout Bonanza: How Mitt and Ann Made Millions — and Mitt’s Hedge Fund Donors Made Billions — from the Auto-Industry Rescue that He Condemned."

To Watch the Episode

1 comment:

Grung_e_Gene said...

As the Prime Vulture Capitalist, Romney was hoping Detriot would go bankrupt because he would have unleashed Bain Capital to pick at the Carcass, jettisoning UAW contracts and shipping the Factories overseas and buying the Names making Billions.