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Cassotto

(2 posts)
68. OK-This is going to be big!! Article about divorce case from 2008.......
Wed Oct 24, 2012, 01:46 AM
Oct 2012

According to this article, Romney testified in 1988 that Staples stock was overvalued, saying “I didn’t place a great deal of credibility in the forecast of the company’s future.” At the same time, he was working with Tom Stemberg and Goldman Sachs to take the company public, and the deal was completed in the Spring of 1989.

From the article.......

Staples went public through Goldman Sachs but three years after Romney’s initial capital investment. “Mitt Romney says he’s prouder of this [Staples] investment than any other.” (Mister PowerPoint Goes to Washington, Mathew Rees, December 1, 2006)

The issue here, if it is not already clear, is why a primary investor in a company that Romney was about to take public and of which he later says he is prouder than any other, he downplayed in a civil divorce case

As a witness for Tom Stemberg, Romney perhaps wanted to downplay the worth of Staples because if he did this then Maureen Sullivan-Stemberg stood to gain a whole lot less from Staples equity because Romney had just undervalued her ex-husband’s primary asset in a fifty/fifty state. If Staples is not worth very much, if the judge can be convinced of that, then how much can he award in terms of shares?

More, if monies and property are communal in a marriage, why wasn’t Staples split fifty-fifty and why was Romney testifying at all, other than the fact that Tom Stemberg, clearly one of Mitt Romney’s best friends and who recently said of Romney, “I have never met a better venture capitalist [than Mitt Romney]…I suspect he will be an equally good president.” (Mr. PowerPoint Goes to Washington, Wide Awakes, syndicated).


[link:http://tantmieux.squarespace.com/cyrano-tant-mieux-articles-old/2008/2/5/a-fish-out-of-water-mitt-romney-the-wanna-be-president.html|

oopsie! leftofcool Oct 2012 #1
Oh Snap. He Banged his friends wife? Shame on you Mitt Thrill Oct 2012 #2
Thats a huge assumption Thrill cstanleytech Oct 2012 #51
This is a DIVORCE action, it has something to do with MONEY happyslug Oct 2012 #82
Well, I wonder EC Oct 2012 #3
Didn't Romney "save" Staples and then Staples powergirl Oct 2012 #4
Maybe he testified that he told the wife she should just shut up and obey. randome Oct 2012 #5
WOW... Fred Bastiat Oct 2012 #6
BOMBSHELL: imagine a married couple going through a rough patch and reconciling! myrna minx Oct 2012 #13
Too bad for Trump amuse bouche Oct 2012 #15
it's the boring Republican mirror trick that doesn't work any more because it's so obvious.. nt Voice for Peace Oct 2012 #17
There's this Grieg composition called Peer Gynt BeyondGeography Oct 2012 #21
Slagt ham! nt msanthrope Oct 2012 #81
... BeyondGeography Oct 2012 #105
Enjoy the pizza with your tombstone, troll. Five posts and toast. Indpndnt Oct 2012 #44
oh please... I'll bet Trump knew that the Boston Globe was going to expose their story SemperEadem Oct 2012 #76
I wonder if he was named as a thrid party Angry Dragon Oct 2012 #7
I don't know I can get behind this one. Unless of course Romney did something illegal. nolabear Oct 2012 #8
You don't have to get behind it, since you weren't voting for him anyway... regnaD kciN Oct 2012 #18
So, he had an "(Owner's Wife Is) Easy" button...? regnaD kciN Oct 2012 #9
ow.. snap Voice for Peace Oct 2012 #20
Duzy!!! berni_mccoy Oct 2012 #39
Oh, interesting. Sounds like the wife is trying to get it unsealed. progressivebydesign Oct 2012 #10
I think the paper, the Boston Globe, is asking for the details . . . fleur-de-lisa Oct 2012 #19
So they can sell more Papers! Cha Oct 2012 #25
The Boston Globe has a solid reputation has one of the best newspapers in the country. avaistheone1 Oct 2012 #31
Understood. It would sell more Papers, though nm Cha Oct 2012 #41
True, but there has to be something more. The ex-husband spoke at the RNC. Indpndnt Oct 2012 #45
I know..intriguing for now. I would think Cha Oct 2012 #49
Since it's the Globe and not a tabloid, I'll give them the benefit of the doubt. Indpndnt Oct 2012 #58
Maybe he had an affair with her sister, someone related, and it all came out in the dirty laundry nt flamingdem Oct 2012 #50
Ack! More images I don't want in my head! Indpndnt Oct 2012 #57
My hunch is that it is something along the lines you are suggesting. Mittens probably helped avaistheone1 Oct 2012 #64
Dan Rather had a solid reputation to until he reported on a story without investigating the source cstanleytech Oct 2012 #53
who are they endorsing for president? SemperEadem Oct 2012 #77
Romney strikes me as asexual. But then again, he did have all those kids. Interesting Laura PourMeADrink Oct 2012 #29
Maybe He Paid The Butler To Sur-O-Gate Queen Annie. Guitarzz Oct 2012 #55
Well, his wife Rincewind Oct 2012 #74
It will be revealed that TlalocW Oct 2012 #40
Usually the reason fo a sealed divorce record is minor children marshall Oct 2012 #56
This may vary, but that wasn't true for my divorce in Wisconsin HereSince1628 Oct 2012 #75
The sealed testimony in question was related to child custody marshall Oct 2012 #95
Most cases are sealed, as part of the marital settlement agreement happyslug Oct 2012 #85
Maybe itcfish Oct 2012 #98
I really wish they would drop this onenote Oct 2012 #11
True MSMITH33156 Oct 2012 #16
Since when is a Newspaper asking for the truth to be revealed the same R. Daneel Olivaw Oct 2012 #32
Its being characterized as an effort supported by Obama supporter Gloria Allred onenote Oct 2012 #36
All things are not equal, but the Repugs want you to believe that. R. Daneel Olivaw Oct 2012 #46
Oh, well then, if Republicans are characterizing it, we have to just sit down and Bluenorthwest Oct 2012 #79
Not necessarily. JimDandy Oct 2012 #73
Staples and Stapled russspeakeasy Oct 2012 #12
Meh. Canuckistanian Oct 2012 #14
I hope this is true Politicalboi Oct 2012 #22
When Mitt does a takeover, he goes all the way. JohnnyRingo Oct 2012 #23
Good old TMZ AspenRose Oct 2012 #24
I found article about the divorce marlakay Oct 2012 #26
No wonder she wants to unseal. Bad blood against Robme. But, it may fit into the women's issue Laura PourMeADrink Oct 2012 #33
He Lied In Testimony Saying The Value Of Staples Was Far Below What Was True Which Means...... Guitarzz Oct 2012 #52
I think so too.. dooner Oct 2012 #59
This is the only sensible thing that I have read on the whole thing grantcart Oct 2012 #63
That doesn't seem election shattering. HooptieWagon Oct 2012 #35
It May Have A Detrimental Effect If It Is Found Money-Boo-Boo Lied Under Oath Guitarzz Oct 2012 #54
Even the republics know Romney's a liar. Won't stop them from voting for him. HooptieWagon Oct 2012 #62
omg "Money Boo Boo"..Hysterical ! Laura PourMeADrink Oct 2012 #78
If Romney lost 1% of the women's vote that he currently has, it would be pnwmom Oct 2012 #66
If it caused 1% of women to switch votes, HooptieWagon Oct 2012 #102
Women voters won't like this. I think you're onto something. pnwmom Oct 2012 #65
Romney perjured himself by undervaluing the company while he was working to take it public! Cassotto Oct 2012 #71
This is a salvo being fired over the Trump tower. truthisfreedom Oct 2012 #27
looks like it's already been unsealed. defacto7 Oct 2012 #28
If the teabaggers and talibornagain don't care about Newt, Rudy, and all the other Repuke affairs... HooptieWagon Oct 2012 #30
that's what I thought. Think it has something to do with whether or not they were Laura PourMeADrink Oct 2012 #34
It's not about the crazies. It is about all the undecided voters that may R. Daneel Olivaw Oct 2012 #37
I'm sure the undecideds already know rmoney is a liar. HooptieWagon Oct 2012 #104
This isn't about adultery, it's about perjury Wednesdays Oct 2012 #61
Romney being a liar is old news...not a game-breaker. HooptieWagon Oct 2012 #103
No Chance the rest of MSM covers this -- It Hurts Romney boingboinh Oct 2012 #38
Something murky when Stemberg continues to support Romney even though he had his wife. LiberalFighter Oct 2012 #42
That's why I think its about something else connected to the divorce. LisaL Oct 2012 #43
Perhaps it wasn't the wife. Bigleaf Oct 2012 #48
I think that's a big and dangerous assumption Texin Oct 2012 #84
Hmmm -- first the Rethugs start insisting that Gloria Allred has dirt on Romney rocktivity Oct 2012 #47
why is this anything out of the ordinary for gopper politician? Whatever it is. olddad56 Oct 2012 #60
could be they hired a forensic accountant who found the settlement was based on fraudulent info tomm2thumbs Oct 2012 #67
OK-This is going to be big!! Article about divorce case from 2008....... Cassotto Oct 2012 #68
How "big" can today's news, if there is any, be if this was reported in 2008? onenote Oct 2012 #83
That sounds about right, old Mitt told to low ball Staples stock price happyslug Oct 2012 #87
It would be delicious irony fleabiscuit Oct 2012 #69
lol dooner Oct 2012 #70
Whatever happens mimi85 Oct 2012 #72
The UK's Mail Texin Oct 2012 #80
In a case like this one, the only time a Child would be a factor is if the Child has the money happyslug Oct 2012 #86
Hmmm, this reminds me of Obama's campaign for the senate in 2004. Beacool Oct 2012 #88
Er...can you please show me where Obama has anything to do TwilightGardener Oct 2012 #89
The Boston Globe is not a RW paper. Beacool Oct 2012 #90
They're practicing investigative journalism, and that is Obama's fault...how? TwilightGardener Oct 2012 #92
It IS about Romney. It's about his testimony. randome Oct 2012 #94
The Boston Globe actually favored several liberal Republican governors karynnj Oct 2012 #101
No - it was used by his primary opponent karynnj Oct 2012 #99
Go Gloria! Megahurtz Oct 2012 #91
Mittens lied under oath re: the value of Staples magical thyme Oct 2012 #93
It's a little more nuanced than that marshall Oct 2012 #96
Well, wait a minute, then. randome Oct 2012 #97
I don't know if the term "accurate" can be applied to it marshall Oct 2012 #100
in that case, I'd say it's nothing magical thyme Oct 2012 #106
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