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Fri Jul 20, 2012, 11:34 AM

London Fund-Raisers Put Romney in a Scandal’s Glare

Source: New York Times

Several of the events’ hosts are top executives at banks tied to the interest rate-fixing scandal that is now engulfing London’s financial and political world, linking Mr. Romney, however superficially, to a messy moment in the continuing debate over Wall Street excesses.

The British and American authorities are examining the role of more than 10 banks in the possible manipulation of key interest rates that affected how consumers and companies borrowed money around the world.

The former chief executive and a top lobbyist for Barclays, the bank at the center of the scandal, helped organize a Romney fund-raiser. The former chief executive, Robert E. Diamond Jr., has since withdrawn his name as the event’s co-host. The bank’s lobbyist, Patrick J. Durkin, remains a co-chairman: he has bundled $1.1 million for Mr. Romney from friends and business associates, more than any other lobbyist, according to federal records.

..........

In a sign of just how politicized the scandal has become, 11 members of Parliament recently signed a resolution, naming Mr. Romney, that called for Barclays executives to “cease fund-raising for political candidates” and focus on rebuilding consumer confidence in the banking system.


Read more: http://www.nytimes.com/2012/07/20/us/politics/london-fund-raisers-may-put-mitt-romney-in-banking-scandals-glare.html?_r=1





Co-sponsor of the Early Day Motion, Grahame Morris MP, told Left Foot Forward:

Parliamentary motion calls on Barclays’s senior staff to stop fundraising for Romney

“Barclays executives have had their eyes off the ball for too long now. They must now stop fundraising for US Republican candidates and start rebuilding public confidence in the banking system here in the UK which they have done so much harm to.

“Parliament must send a strong message to these banking elites that it is no longer business as usual. Politicians are expressing the outrage felt by the ordinary people we represent.”


MORE:
http://www.leftfootforward.org/2012/07/mitt-romney-barclays-fundraiser-parliament-edm/
http://www.dailykos.com/story/2012/07/20/1111962/-UK-Parliament-Fundraising-by-Bankers-Resolution-Names-Mitt-Romney-specifically

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Reply London Fund-Raisers Put Romney in a Scandal’s Glare (Original post)
kpete Jul 2012 OP
myrna minx Jul 2012 #1
SoapBox Jul 2012 #2
KamaAina Jul 2012 #3
Iliyah Jul 2012 #4
lilithsrevenge12 Jul 2012 #5
DCKit Jul 2012 #6
McCamy Taylor Jul 2012 #7
rimce Jul 2012 #10
mwooldri Jul 2012 #8
Rosa Luxemburg Jul 2012 #9
wordpix Jul 2012 #11

Response to kpete (Original post)

Fri Jul 20, 2012, 11:47 AM

1. K&R

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Response to kpete (Original post)

Fri Jul 20, 2012, 11:57 AM

2. Me thinks...

Mittens LOVES foreign money!

Foreign money...putting his money in foreign locations...foreign, foreign, foreign.

Gee Mr. and Mrs. Mittens, seems that you don't really like the good old U.S. of A.!

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Response to kpete (Original post)

Fri Jul 20, 2012, 12:11 PM

3. But, but, but, raising foreign money is BAD

at least when Johnny Chung does it.

Oh, right. These people are white.

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Response to kpete (Original post)

Fri Jul 20, 2012, 12:41 PM

4. Mittens is rich

and right now rich people gets away with breaking laws.

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Response to kpete (Original post)

Fri Jul 20, 2012, 12:43 PM

5. HAH! K&R

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Response to kpete (Original post)

Fri Jul 20, 2012, 05:35 PM

6. Romney will be baffled by this turn of events, and will blame Obama.

 

After all, it's not as if he's asking convicted criminals for money.

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Response to kpete (Original post)

Fri Jul 20, 2012, 06:39 PM

7. WTF is Romney having a London fundraiser?

This is foreign money.

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Response to McCamy Taylor (Reply #7)

Mon Jul 23, 2012, 05:50 PM

10. WTF is Romney having a London fundraiser?

Last edited Wed Jan 16, 2013, 05:01 PM - Edit history (3)

Sure this is foreign money.
painters decorators battersea
http://homepainter.co.uk/
man and van london

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Response to kpete (Original post)

Fri Jul 20, 2012, 09:58 PM

8. The UK Early Day Motion ... if it had Tory backing would be significant.

However all the signers of the EDM are Labour MPs (SDLP for Northern Ireland).

But since bank executives are big out on the radar ... and it is sensitive... I'm glad those MPs called up for an EDM on the issue of bank senior staff raising money for a US politician when they're running the UK bank down into the ground. Point being simple: the UK government has bailed out enough banks, and it doesn't want to have Barclays get into the trouble pretty much all other UK main retail banks got into.

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Response to kpete (Original post)

Fri Jul 20, 2012, 10:26 PM

9. Glad that that the NYT is on this

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Response to kpete (Original post)

Tue Jul 24, 2012, 11:32 AM

11. I don't know the laws re: US candidates taking foreign $ but

I would think there are some

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