.

Mitt Romney's Federal Bailout: The Documents

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

blog comments powered by Disqus

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.

Daily Newsletter

Get the latest RS news in your inbox.

Sign up to receive the Rolling Stone newsletter and special offers from RS and its
marketing partners.

X

We may use your e-mail address to send you the newsletter and offers that may interest you, on behalf of Rolling Stone and its partners. For more information please read our Privacy Policy.

www.expandtheroom.com