Amy Goodman
@DemocracyNow·3.2M subscribers·19.4K videos
Bain Big Tobacco: Romney's Firm Profited From U.S.-Russia Cigarette Deals & Privatizations
Posted
October 10, 2012
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8:31Now PlayingDemocracyNow.org - An explosive report sheds new light on Republican presidential nominee Mitt Romney's time at Bain & Company, describing how the firm made millions on big tobacco by helping Philip Morris increase its revenues in the United States, and aiding two other tobacco titans to dominate the Russian market. According to the Huffington Post, "Romney's consultants helped foreign firms and aspiring oligarchs decide how to corral Russia's riches -- including writing a official manual that outlined how best to navigate the process. At the same time, Bain leveraged its contacts with senior Russian officials to arrange sweetheart deals for its tobacco clients." We're joined by Zach Carter, senior political economy reporter at the Huffington Post.
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