Romney Profiteering from TARP bailout of Auto Industry

It turns on that Mitt and Ann Romney made huge profits from the Auto Bailout through their share of the hedge fund takeover investments of Delphi Automotive.  Estimates are from a minimum of $15 Million to as much as $115 Million or more that are now held in offshore accounts. As part of that takeover, 25,000 union jobs were wiped out and shipped to Mexico and China, worker's pensions were dumped on the Government Pension Guarantee system and their healthcare insurance cancelled.

The UAW and others have filed formal complaints with the US office of Government Ethics.  The complaints involve Romney's failure to disclose the investments, his non-disclosed 2009 tax return and connection through Bain Capital.  Now we know why he's refused to reveal that tax return.  To do so would reveal how much money he's made (so far) from those backdoor investments.

The detailed investigation by Greg Palast was published in The Nation.

Profiteering while wiping out Jobs, Pensions and Healthcare for 25,000 people, then sending Paul Ryan out
to Blame Obama for the job losses.
That's Helping People - Romney Style

Remember - "Corporations are People" too