Pro-Newt PAC Seeks Revenge Against Romney

Pro-Newt Gingrich Super PAC to air 'King of Bain'
By Neal Colgrass,  Newser Staff
Posted Jan 7, 2012 3:35 PM CST
Pro-Newt Gingrich Super PAC Buys 'King of Bain' Film to Slam Mitt Romney in South Carolina
Republican presidential candidate, former Speaker of the House of Representatives Newt Gingrich speaks during a campaign town hall meeting on January 7, 2012 in Wolfeboro, New Hampshire.   (Getty Images)

Looks like it's "super-PAC" payback time for Newt Gingrich. A pro-Newt super PAC is planning to air a 27-minute video in South Carolina attacking Mitt Romney as a ruthless corporate raider whose firm put thousands of Americans out of work, NBC News reports. Titled "King of Bain: When Mitt Romney Came to Town," the film was produced by a former Romney adviser who had actually sought work on Mitt's 2012 campaign. “I have no idea what happened here,” a former associate says.

As for the film, it talks to workers who lost their jobs and faced home foreclosures after Bain Capital—a private equity firm Romney helped start—acquired companies and forced layoffs. "This is not capitalism. This is predatory,” says a senior adviser of Winning Our Future, the PAC that won a bidding war for the film yesterday. A Romney rep calls it "puzzling to see Speaker Gingrich and his supporters continue their attacks on free enterprise." (Read more Mitt Romney 2012 stories.)

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