TV News LIES

Wednesday, May 24th

Last update05:20:13 AM GMT

You are here News Politics Romney Invested in Medical-Waste Firm That Disposed of Aborted Fetuses, Government Documents Show

Romney Invested in Medical-Waste Firm That Disposed of Aborted Fetuses, Government Documents Show

E-mail Print PDF

Bain CapitalEarlier 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.

More...


Most Recent Related Stories...


Ethics office rejects White House attempt to halt inquiry into lobbyists

Ethics Office rejects Trump effort to stop lobbyists waivers investigationDonald Trump’s administration says the government ethics office lacks the authority to force the president to...

Michael Flynn 'to invoke 5th Amendment' over Russia probe

Flynn to take FifthFormer National Security Adviser Michael Flynn will invoke his Fifth Amendment protection against self-incrimination as he...

Trump asked DNI, NSA to deny evidence of Russia collusion

Dan CoatesPresident Donald Trump asked two of the government's top intelligence chiefs to publicly deny evidence of...

Trump budget to cut $800B from Medicaid

Trump budget cuts Medicaid by $800BPresident Donald Trump plans to request $1.7 trillion in cuts to social and entitlement programs for...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!