MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
...Romney has done a good job of concealing, until now, the fact that he and his wife, Ann, personally gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion.....It all starts with Delphi Automotive, a former General Motors subsidiary whose auto parts remain essential to GM’s production lines....Third Point’s Daniel Loeb, whose net worth of $1.3 billion owes much to his share in the Delphi windfall, told his fund’s backers this past July that Delphi remains an excellent investment because it has “virtually no North American unionized labor” and, thanks to US taxpayers, “significantly smaller pension liabilities than almost all of its peers.”
NY Post on Romney supporter/hedge fund manager Paul Singer, and Delphi deal.
Palast on Romney bonanza at Democracy Now. "...they’ve not only moved the company operations to China, but they’ve moved their incorporation of the auto parts division of General Motors from Troy, Michigan, to the Isle of Jersey in the Mediterranean Sea, which hides their taxes and also, of course, hides their accounts."