Tuesday, May 15, 2012

Fox's Flawed Attempt To Deflect Attention From Romney's Leveraged Buyout Record

Fox's Flawed Attempt To Deflect Attention From Romney's Leveraged Buyout Record
"Fox News is pushing fatally flawed analogies to defend Mitt Romney from criticism over his jobs record at Bain Capital, pointing to the Obama administration's green energy loans and the successful rescue of the U.S. auto industry. These comparisons crumble under scrutiny, as leveraged buyouts are different from providing bankruptcy financing or loans."