Was Bain Capital, the company founded by presidential candidate Mitt Romney, built with help from covert Iran-contra operatives?
New information uncovered by New Times raises the possibility.
The story starts in 1984, when Romney solicited start-up money for Bain at a meeting in Miami with a small group of Latin American oligarchs. They eventually provided nearly 40 percent of the outside seed-money that began Bain, the firm on which Romney has built most of his fortune and much of his case for the presidency.
Several media outlets, including the Huffington Post, have reported that some of these investors were members of families with ties to Salvadoran death squads. Romney has said Bain vetted the investors and their families for such ties.
Romney forged a particularly close relationship with Ricardo Poma, a right-wing billionaire from El Salvador, who became a partner at Bain and the leader of the Latin American investors.More »