MPs tell Barclays to stop fundraising for Mitt Romney
Source: Guardian
MPs tell Barclays to stop fundraising for Mitt Romney
Bank at centre of Libor-setting scandal says it is non-partisan and donations are made by employees in a personal capacity
Amelia Hill and Rupert Neate
guardian.co.uk, Wednesday 25 July 2012 13.27 EDT
Barclays has privately distanced itself from its bankers' donations to Mitt Romney, the US Republican presidential candidate, after its executives were accused in parliament of fundraising for political candidates instead of working to rebuild the public's trust in the wake of the Libor-setting scandal.
Executives at Barclays have donated over $1m to Romney's presidential campaign and will hand over more money on Thursday night at an exclusive fundraising dinner in a secret Mayfair location, where tickets cost between $50,000 and $75,000.
Romney arrived in the UK on Wednesday for a series of meetings with David Cameron and other political figures before attending two fundraising events and the Olympics this weekend.
An early-day motion (EDM) signed by 11 MPs last week demanded the bank and its directors stop working to bolster Romney's election campaign war chest and concentrate on repairing confidence and trust in the banking system instead.
Read more: http://www.guardian.co.uk/business/2012/jul/25/barclays-fundraising-mitt-romney
MNBrewer
(8,462 posts)Kolesar
(31,182 posts)That's where the money is.
upaloopa
(11,417 posts)If Mitt Raw Money can get foreign contributions, Obama should travel around the world and collect money too. He is more popular in more countries then Mitt Raw Money is.
Maybe Romney will go to all those countries that have outsourced American jobs and threaten to send those jobs back to the U.S. if they don't contribute to him.
Atman
(31,464 posts)The trouble is, I'm not so sure that Mitt Rmoney is "people."
.
Journeyman
(15,031 posts)Atman
(31,464 posts)THIS is the man they want to be president? And they're worried about Obama's Hawaiian birth certificate.
In the words of that great British statesman, Sir Oswald Ozbourne..."Im goin' off the rails on the crazy train."
Jessy169
(602 posts)Over on Huffpost I found a "top 98 contributors" to the presidential campaigns click-through. About 80 of those top contributors, estimated, are all fabulously wealthy hedge fund managers or people who have made their huge fortunes off of trading in the financial markets. Needless to say, almost all of them are Romney contributors, with just a few exceptions. Wherever Mitt goes in the world, his best friends are going to be the top bankers and others who make their money as what I refer to as the "financial investment/manipulation wizards".
LibertyLover
(4,788 posts)and Ol' Mitt is Anglo-Saxon, it's all good.
C_U_L8R
(45,000 posts)to some exclusive island where all his cronies are invited
and all the banks are the right height.
freshwest
(53,661 posts)mikeytherat
(6,829 posts)But thinking and Mitt Romney's campaign do not go together.
mikey_the_rat
Trillo
(9,154 posts)yellowcanine
(35,699 posts)London Olympics.