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Looking for easy money and a big payoff to fuel his insatiable political ambition and greed, Romney decided in 1988 to brush up against one of the most prolific financial criminals, in the middle of an intensive Securities and Exchange investigations.
"What transpired," writes Boston Globe staff, "would become not just one of the most profitable leveraged buyouts of the era, but also one of the most revealing stories of Romney’s Bain Capital career."Romney's unbridled greed led him to hook his fortunes to now-convicted felon Michael Milken, known in financial circles as "The Junk Bond King."