Quantcast

Romney invested 75 million in medical waste facility that disposed of aborted fetus, and he denies it. He was "pro-choice" then. What happened now?

Mel 2012/07/03 02:41:49

Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when the Huffington Post reported that in 1999 the GOP presidential candidate had been part of an investment group that invested $75 million in Stericycle, a medical-waste disposal firm that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics. Coming during the heat of the GOP primaries, as Romney tried to sell South Carolina Republicans on his pro-life bona fides, the revelation had the potential to damage the candidate's reputation among values voters already suspicious of his shifting position on abortion.

But Bain Capital, the private equity firm Romney founded, tamped down the controversy. The company said Romney left the firm in February 1999 to run the troubled 2002 Winter Olympics in Salt Lake City and likely had nothing to with the deal. The matter never became a campaign issue. But documents filed by Bain and Stericycle with the Securities and Exchange Commission—and obtained by Mother Jones—list Romney as an active participant in the investment. And this deal helped Stericycle, a company with a poor safety record, grow, while yielding tens of millions of dollars in profits for Romney and his partners. The documents—one of which was signed by Romney—also contradict the official account of Romney's exit from Bain.


You!
Add Photos & Videos

Sort By
  • Most Raves
  • Least Raves
  • Oldest
  • Newest
Opinions

  • Ambassador II 2012/07/03 04:02:51
    Ambassador II
    +1
    No kidding. The guy in the magic pajamas and member of the church was profiting by reselling dead babies to research clinics and Universities? OMG, what will the "Elders" say about that? What will the Southern Baptist Convention and Focus on the Family say about that? Let's hear from them. This fellow is accumulating more baggage than a borax mine mule headed for Reno.
  • Mel Ambassa... 2012/07/03 06:29:34
    Mel
    Totally raved
  • Jane 2012/07/03 03:39:16
    Jane
    I really don't care, the uber wealthy don't care who or what gets trampled because of their investments. Most of them only care about making more money, doesn't matter if they are repubs or dems.
  • Schläue~© 2012/07/03 03:13:52 (edited)
    Schläue~©
    About the 15th time I've seen this bullsh!t today.



    How is it that the media can dig up every little scrap of Romney's life since birth, (including everything that went on within his company and 200 others).... but somehow after 4 years, still not know a thing about Barry Soetoro outside of what William 'ka-boom' Ayers wrote in a couple of books?
  • NPC 2012/07/03 02:43:06
    NPC
    Sounds like a pack of Liberal lies to me.
  • Mel NPC 2012/07/03 02:46:41
    Mel
    Really? Have something to post that I'm wrong? Of course you don't.
  • Mel 2012/07/03 02:42:30
    Mel
    He is a damned hypocrite

News & Politics

2013/05/25 21:56:32

Hot Questions on SodaHead
More Hot Questions

More Community More Originals