is involved in in southern california back in october los angeles businessman stephen haas sued mitt romney and nine others including goldman sachs over federal racketeering charges the charges relate back to the purchase of haas's former company eat toys buy another store k.b. toys it was owned by bain capital the details of the case are pretty complicated but they basically boiled out of this stephen haas is accusing willard mitt romney of being a gangster and to be perfectly honest has a point when it was running bain capital during the eighty's and ninety's the company made its money by forcing companies into debt and then squeezing them blind for every last bit of cash they had in fancy terms this was called private equity in real reality it was glorified piracy glorified piracy that was made possible by who else ronald reagan when he stopped enforcing the sherman antitrust act and deregulated the financial industry in the early one nine hundred eighty s. leading to the explosion of mergers and acquisitions the carer characterized the early eighty's the m. and a mania former lab