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RELEASE: Mike McFadden can’t explain why his company scrubbed Smurfit-Stone deal

Investment banker Mike McFadden could not explain at today’s WCCO-TV debate why his company, Lazard Middle Market, suddenly scrubbed all mentions of its work on the Smurfit-Stone Container Corporation restructuring deal featured in the Franken campaign’s new ad, “Wasteland,” which details the devastation that occurred as a result of the deal.

WCCO DEBATE: McFadden’s business made millions on merger that moved U.S. company offshore

Investment banker Mike McFadden’s business made millions on a merger that moved a U.S. company overseas. McFadden tries to deflect criticism for this deal by saying his business didn’t represent the American company, they represented the Irish company. But the facts speak for themselves.

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