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Mitt Romney's Federal Bailout: The Documents

Highlights from the records of the FDIC's rescue of Bain & Company

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The FDIC ultimately agreed to give Bain & Company a $10 million bailout (in the form of "debt forgiveness"). The reason: analysts working for the agency — through a company called RECOLL — believed that Romney's firm would otherwise "fail," and the government would see very little money from the firm's dissolution after Romney doled out the final round of bonus pay.

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