ergi

Politics and art

The roots of Bain Capital in El Salvador’s civil war

of-praxis:

Romney tapped El Salvador’s wealthy families, including one linked to right-wing death squads

Back in 1984, wealthy Salvadoran families were looking for safe investments as violence and upheaval engulfed the country. The war, which pitted leftist guerrillas against a right-wing government backed by the Reagan administration, ultimately left over 70,000 people dead in the tiny nation before a peace deal was brokered by the United Nations in 1992. The vast majority of violence, a UN truth commission later found, was committed by rightist death squads and the military, which received U.S. training and $6 billion in military and economic aid. The Reagan administration feared that El Salvador could become a foothold for Communists in Central America.

The notorious death squads were financed by members of the Salvadoran oligarchy and had close links to the country’s military. The death squads kidnapped, tortured, and killed suspected leftists in urban areas fueling an insurgency that retreated to rural areas and waged war on the government from the countryside. The war, which lasted 12 years, triggered an exodus that brought more than 1 million Salvadorans to the United States.

There is no evidence that any of Bain Capital’s original investors were involved in these sorts of activities. But the identities of some of the investors remain secret, and there are family names that raise questions.

Four members of the de Sola family were among the original Bain investors, or “limited partners” in the company, the Globe reported. Their relative and “one-time business partner,” Orlando de Sola, was an important figure in El Salvador.
A well-known right-wing coffee grower with an (in his words) “authoritarian” vision for the country, de Sola spent time living in Miami but was also a founding member of the right-wing Arena party, lead by a U.S.-trained former intelligence officer named Roberto D’Aubuisson.

The lives, blood and grief of my people line the pockets of a pig

(Source: cosmopolitan-fascist)

  1. originalface reblogged this from amodernmanifesto
  2. anirishginger reblogged this from voicesofearth
  3. voicesofearth reblogged this from amodernmanifesto and added:
    D’Aubuisson, trained at the School of the Americas in the motherfucking state of Georgia. You’d think that would, you...
  4. amodernmanifesto reblogged this from tsotchke
  5. myflagisblackandred reblogged this from tsotchke
  6. tsotchke reblogged this from cosmopolitan-fascist and added:
    The lives, blood and grief of my people line the pockets of a pig
  7. liquified-dreams reblogged this from cosmopolitan-fascist
  8. cosmopolitan-fascist posted this
blog comments powered by Disqus