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Romney Holding Fundraiser With Foreclosure Profiteer

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Published 02 November 2011 3:53 pm EST Updated 2 November 2011 3:53 pm EST

Billionaire Lifestyle Secrets

Mitt RomneyRepublican presidential candidate Mitt Romney is holding a big ticket fundraiser in Nevada with a hedge fund manager who profited from the foreclosure crisis. Romney, who is a multimillionaire, is slated to attend an event Wednesday night with John Paulson, who made over $3 billion for his company by betting on the collapse of the real estate market.

Democrats are blasting Romney for the event. He recently told the Las Vegas-Review Journal that government shouldn’t “try to stop the foreclosure crisis.” Nevada Democratic Party spokesman Zach Hudson said that, “Romney came to Las Vegas and told struggling Nevada homeowners they are on their own but he eagerly raises campaign donations with someone who made huge profits from Americans losing their homes.”

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