Let This Be a Lesson
Do you know what happens when you have so much money that you don’t even know where it all is? Bad things. Bad things happen.
Romney Invested in Medical-Waste Firm That Disposed of Aborted Fetuses, Government Documents Show
Come to find out, contrary to claims made by Mitt Romney himself, Romney hadn’t left Bain when it invested in Stericycle, a company with “a troubling safety record.”
Another SEC document filed November 30, 1999, by Stericycle also names Romney as an individual who holds “voting and dispositive power” with respect to the stock owned by Bain. If Romney had fully retired from the private equity firm he founded, why would he be the only Bain executive named as the person in control of this large amount of Stericycle stock?
Bain made $50 million off the investment. Romney did not invest in Stericycle to create jobs or grow the company. He invested in Stericycle to make more money. There’s nothing wrong with making money, but don’t say you’re creating jobs when you’re sucking profit.
Okay, here’s my question: where the hell is Joe Wilson to holler “You Lie!” when we really need him?
Thanks to Brian for the heads up.