Perlmutter, Coors fault each other's investments

8:24 PM, Oct 17, 2012   |    comments
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Perlmutter criticized Coors for his participation in a 2002 family investment that poured $40 million into a scheme that promised a 75-percent-a-week return. The people running the scheme were eventually prosecuted. Perlmutter says that investment should cause voters in the 7th Congressional District to take heed.

Coors countered by blasting Perlmutter for supporting an Obama administration loan to the now-bankrupt solar company Solyndra.

both traded shots Wednesday about the role of federal money keeping jobs in the United States.

"Joe complains about the high cost of government and the government picks winners and losers, but his company, CoorsTek, came to my office in the Congress and other offices across the Congress and asked us for a $3 million earmark," Perlmutter said.

9News Political Reporter Brandon Rittiman, who hosted the debate with Denver Post Political Reporter Lynn Bartels, offered Coors a quick response to the claim.

"My opponent voted for the stimulus package and it contained provisions for $2 billion to send to China and companies like China to manufacture products and bring them back into the United States," Coors said.

The debate hosted by 9NEWS and The Denver Post is the last between the candidates before the election. The race in the Denver suburbs is considered one of the state's most competitive.

(KUSA-TV © 2012 Multimedia Holdings Corporation with The Associated Press)

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