"Star of Romney ‘My Hands Didn’t Build This’ Ad Received Millions in Government Loans and Contracts"

“The New Hampshire Union Leader’s John DiStato today reports that in 1999 the business in question, Gilchrist Metal, “received $800,000 in tax-exempt revenue bonds issued by the New Hampshire Business Finance Authority ‘to set up a second manufacturing plant and purchase equipment to produce high definition television broadcasting equipment’…” In addition, in 2011, Gilchrist Metal “received two U.S. Navy sub-contracts totaling about $83,000 and a smaller, $5,600 Coast Guard contract in 2008…”…”

Countrywide Exchanged Low-rate Loans For Congressional Influence

“Even as Countrywide’s CEO Mozilo mocked Fannie Mae and top executives for its crony capitalism business model, he would nonetheless personally intercede to ensure executives had access to discounted Countrywide loans,” Issa said in his statement. “These relationships helped Mozilo increase his own company’s profits while dumping the risk of bad loans on taxpayers.”