In McAuliffe's Former Car Company, Echoes of Romney and Bain
Remember the Democrats' withering attacks on Mitt Romney for his business dealings in China and holdings in the Caribbean? The tables have turned. Virginia gubernatorial candidate Terry McAuliffe faces attacks from Republicans over his former leadership of an electric car company called GreenTech Automotive, which originally sought to establish its manufacturing base in Virginia but later landed in Tunica, Miss.
The Securities and Exchange Commission is investigating GreenTech, and Republicans have pounced on McAuliffe for seeking out Chinese investors, lobbing charges of potential national security risks at the Democrat.
The SEC inquiry centers around GreenTech's use of a U.S.