Report: Romney profited from auto bailout he opposed

Updated

Mitt and Ann Romney made millions from the auto bailout through an investment in GM subsidiary Delphi Automotive, a new report from The Nation alleges.

According to the report, which was highlighted on The Ed Show Wednesday night, the Romneys “gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion. Their gains, and the Romneys’, were astronomical—more than 3,000 percent on their investment.”

On the campaign trail, President Obama has repeatedly called attention to Mitt Romney’s 2008 New York Times op-ed entitled “Let Detroit Go Bankrupt.” But not much attention has been given to Romney’s profits from the bailout he opposed.

Read the full report here.

Report: Romney profited from auto bailout he opposed

Updated