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CNNW Anderson Cooper 360 June 5, 2012



administration s sense of waste and failure. you can determine whether the government investment in emerging technologies is good or bad. but it turns out there are two cases of high-tech companies in massachusetts with connections to then-governor romney getting money from the commonwealth and then going bust. one called accusphere and spherics incorporated got millions before going under. according to the boston herald, both were run by romney campaign donors. the herald reports that the loans were approved by a seven-person board including two romney appointees and three romney campaign contributors. the romney campaign says it wasn t romney s idea. quote, this specific funding was part of a stimulus package that governor romney opposed on the grounds that government should not play venture capitalist. the statement went on to say, because of his concerns he vetoed half the funding but the veto was overridden by the legislature. this week a surrogate was asked about ....

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