Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Tx4obama

(36,974 posts)
Thu Oct 18, 2012, 03:40 PM Oct 2012

Mitt & Tagg Romney tied to Ponzi scheme


Mitt & Tagg Romney tied to Ponzi scheme

Despite previous assertions to the contrary, SEC documents link Mitt Romney and his son Tagg Romney to a firm involved in the Allen Stanford $7 billion Ponzi scheme.

Tagg, who recently threatened to “take a swing” at the President, has previously denied the links but legal filings say otherwise. Surely the Romney’s strict religious faith, that Mitt talks about so much now, doesn’t approve of lying, does it? Or is this what they mean when people talk about “lying for the Lord?”

Lee Fang at the Nation has more on the actual facts, rather than the Romney-family version of the story. The story is from six days, and still is obviously quite relevant.

The private equity firm run by Tagg Romney—Mitt’s eldest son, who is now taking a leadership role in guiding his father’s presidential campaign—misled reporters last year about its involvement with a company run by men accused of taking part in a multibillion-dollar Ponzi scheme.

However, Solamere Capital’s statement, provided to ABC News, is false. Disclosures from the Securities and Exchange Commission show that Tagg’s company indeed maintains ties with the Ponzi-linked firm, Solamere Advisors.

-snip-


Full article here: http://americablog.com/2012/10/mitt-tagg-romney-tied-to-ponzi-scheme.html





9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Mitt & Tagg Romney tied to Ponzi scheme (Original Post) Tx4obama Oct 2012 OP
Lying is OK with Mormons if it advances the faith. CanonRay Oct 2012 #1
Lying isn't the only thing that seems to be OK for Mormons meow2u3 Oct 2012 #5
K & R. n/t FSogol Oct 2012 #2
Kick. (nt) pinto Oct 2012 #3
Has this story been picked up by M$M yet? nm nc4bo Oct 2012 #4
Being fairly new here courseofhistory Oct 2012 #6
k&r is kick and recommend... nc4bo Oct 2012 #7
Yes, n/t is 'no text'. And K&R is 'Kick' and 'Rec/Recommend' :) Tx4obama Oct 2012 #8
K&R is short for Kick (the thread) & Recommend (to Greatest page) Amonester Oct 2012 #9

CanonRay

(14,084 posts)
1. Lying is OK with Mormons if it advances the faith.
Thu Oct 18, 2012, 03:43 PM
Oct 2012

Making money advances the faith, ergo....screw anybody you want, especially non LDS.

meow2u3

(24,759 posts)
5. Lying isn't the only thing that seems to be OK for Mormons
Thu Oct 18, 2012, 10:29 PM
Oct 2012

They must think running a Ponzi scheme OK if it advances the LDS faith.

nc4bo

(17,651 posts)
7. k&r is kick and recommend...
Thu Oct 18, 2012, 10:41 PM
Oct 2012

kick to bring a post back up to the top of the board.

n/t or nm is no text/no more - saves people from clicking on your post only to find there is nothing else to read.

Welcome to DU!

Tx4obama

(36,974 posts)
8. Yes, n/t is 'no text'. And K&R is 'Kick' and 'Rec/Recommend' :)
Thu Oct 18, 2012, 10:41 PM
Oct 2012

Welcome to DU

You will see folks say someone has been Tombstoned - that means they have been banned.

MIRT = Malicious Intruder Removal Team. That's the team that takes out the trolls when they show up.

Can't think of any others right now. Feel free ask if you have anymore questions



Amonester

(11,541 posts)
9. K&R is short for Kick (the thread) & Recommend (to Greatest page)
Thu Oct 18, 2012, 10:49 PM
Oct 2012

Kicking a thread means that when you reply, you bring back the Original Post to the first page of OPs in the Group's forum (default settings).

n/t is short for no/text in the Message text. Usually, if you go to the My Posts folder, you only see the headlines of replies to your posts. If you see n/t or NT or else, it means there's no point of opening the reply because no Message text has been written. It helps people who have limited access to the Intertubes in case it can save them bandwidth dollars and cents.

Latest Discussions»Retired Forums»2016 Postmortem»Mitt & Tagg Romney ti...