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Scuba

(53,475 posts)

7. Workers were denied the severance pay and health insurance they'd been promised...

Reply to kpete (Original post)

Sun Jan 8, 2012, 11:28 AM

Jan 2012

Workers were denied the severance pay and health insurance they'd been promised, and their pension benefits were cut by as much as $400 (258 pounds) a month. What's more, a federal government insurance agency had to pony up $44 million to bail out the company's underfunded pension plan. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.

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ALL we need to know re: Romney [View all] kpete Jan 2012 OP

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here you go, pete - can you use this? banned from Kos Jan 2012 #8

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