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Mitt Romney's Goldman Sachs Ties Helping His 2012 Presidential Efforts

Posted: 01/28/2012 10:35 am

New York Times:

When Bain Capital sought to raise money in 1989 for a fast-growing office-supply company named Staples, Mitt Romney, Bain’s founder, called upon a trusted business partner: Goldman Sachs, whose bankers led the company’s initial public offering.

When Mr. Romney became governor of Massachusetts, his blind trust gave Goldman much of his wealth to manage, a fortune now estimated to be as much as $250 million.

Read the whole story: New York Times

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Filed by Paige Lavender  |