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Correction: Romney's Former Firm Bain Didn't Advise Obama

Friday, 13 Jan 2012 | 9:32 AM ET

A previous story incorrectly reported that Mitt Romney's former firm, Bain & Co., was part of a team of consulting companies that advised President Barack Obama on a decision to shutter car dealerships during the auto bailout.

Bain & Co. said it has no connection to the "Bain Consulting" firm referenced in government documents.

UPDATE (1/18/12): Additonal information about this story came to light following publication of this correction. A new story has been published. Please see it here.

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