This is perhaps the most scandalous story of venture capitalist involving Mitt Romney and I haven't seen it anywhere in the mainstream media. Basically Mitt and another billionaire bought Delphi (a GM parts supplier company that used to be part of GM) for .67 on the dollar. They basically legally extorted GM for billions in government bailout money or they would bankrupt the company and leave GM without a parts supplier. They then fired all union workers after making the deal with GM.
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