Bain Capital declined to help out auto industry during financial crisis.

[Swede]

No private companies would come to the industry’s aid, and the only path through bankruptcy would have been Chapter 7 liquidation, not the more orderly Chapter 11 reorganization, these people said.

In fact, the task force asked Bain Capital, the private equity company that Mr. Romney helped found, if it was interested in investing in General Motors’ European operations, according to one person with direct knowledge of the discussions.

Bain declined, this person said, speaking anonymously to discuss private negotiations.

http://www.nytimes.com/2012/02/20/us/politics/after-auto-bailout-detroit-fallout-trails-romney.html?_r=2&pagewanted=all

[Demeter]

1. Is anyone surprised by this?

Not if they live in Michigan....

[badtoworse]

2. Would you have invested your own money in GM during the financial crisis?

Anyone who answers no is a hypocrite for pointing fingers at Bain. IMO, it would have been a very high risk investment and not something I would have been comfortable with.

[catbyte]

3. Which is even further proof that Obama did the necessary thing