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This from the Telegraph, a right wing British newspaper. Briefly, Romney "appears to have profited from a marketing company that was contracted by the state of Massachusetts after receiving $5 million (£3.2 million) in financial backing from Bain Capital, Mr Romney'™s investment firm."

One of his vice-presidential candidate's brothers, who is a former Bain consultant, was at the time of the investment a senior executive at the marketing company, Imagitas, which was co-founded by another former Bain executive.

Both Mr Romney and Tobin Ryan, who omits his work at Imagitas from his corporate biography, also apparently stood to benefit from the $230 million (£146 million) sale of the company in 2005, while Mr Romney remained in office.

It gets better:
Imagitas donated tens of thousands of dollars to the Republican Governors'™ Association while it was chaired by Mr Romney. A former Imagitas investor and director donates to both Mr Romney and Paul Ryan, who also received thousands of dollars in contributions from his brother Tobin.
Go read the article.

Originally posted to misterajc on Fri Aug 17, 2012 at 02:55 PM PDT.

Also republished by The Bain Files.

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