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Romney worth as much as $250 million

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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 04:37 PM
Original message
Romney worth as much as $250 million
Source: AP via Yahoo

By JIM KUHNHENN, Associated Press Writer



WASHINGTON - Republican presidential candidate Mitt Romney, the wealthiest White House contender from either party, is worth as much as $250 million, according to information released by his campaign Monday.
The former venture capitalist's wealth — reported in a range of $190 million to $250 million — is spread throughout a dizzying array of investments, that include banks, large investment management firms, foreign export credit corporations and real estate.

Romney reported the details of his wealth in a personal financial disclosure report filed Monday with the Federal Election Commission and the U.S. Office of Government Ethics. Presidential candidates had been required to file such disclosures by May 15, but Romney asked for two 45-day extensions to obtain detailed values of his and his wife's blind trusts.

The report offers the most detailed public look yet at the finances of the former Massachusetts governor, who has refused to release his income tax returns, and who previously filed only state financial disclosure forms that described his holdings in the most general terms. His most recent Massachusetts report, filed in May for calendar 2006, was only 10 pages long, compared with the 47-page federal report.

The federal report was something of a revelation for Romney as well.

His assets have been held in a blind trust since January 2003, but the Office of Government Ethics requires a detailed list of individual holdings. Forced to open his blind trust, the Romneys — and the world — discovered precisely which stocks, bonds and mutual funds they own.



Read more: http://news.yahoo.com/s/ap/20070813/ap_on_el_pr/romney_wealth_6



A WALKING CONFLICT OF INTEREST--THINKS HE CAN BUY THE ELECTION, NO DOUBT.
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shain from kane Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 04:42 PM
Response to Original message
1. It is easier for a rich Mormon to ride a camel through the eye of a needle than to enter Heaven, or
whatever they call it.
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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-14-07 09:16 AM
Response to Reply #1
9. I lived in Utah for awhile
believe me, wealth is sacred to Mormons. The more you rake in, especially from non-Mormons, the more you have to tithe to that phony church of theirs. It's not the only place where they differ from the bible, but then, all religions pick and choose what they want out of that book.
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izzie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 04:42 PM
Response to Original message
2. I am sure it helped that his father was a big wig in the govt once.
That seems to be one of the steps in this day and age.
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C_U_L8R Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 04:45 PM
Response to Original message
3. He's gonna need more than that
to keep up with the going rates for Mitt votes.

What was it in Iowa.. like a thousand bucks per vote !!

Hey Mitt - all your money only gets you a 250,000 votes.... bwahahaha
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 04:59 PM
Response to Original message
4. Yet I wouldn't give 2 cents for him.
Lousy bastard republican asshole.
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Binka Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 05:56 PM
Response to Reply #4
6. What Pithy Brilliance I Am Nominating This For A DUzy!
:hi:
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Divine Discontent Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 05:50 PM
Response to Original message
5. well they better do a lot of conversions in the LDS church
or he's gonna have 2 cents left after he buys off all the repub votes to get to be the nominee, and then, there ain't but 5% of dems that would vote for him!

I guess we see why none of his boys went to the service - they have too much at stake in his passing! I know a very democratic family across the street who has like 6 boys and 3 of them served!


MITT goodness... you are the greasiest of politicians...


does he not make all of you feel dirty? oh, wait, that's Fast finger Freddy... Mittens just makes us puke.
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ohio2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 06:08 PM
Response to Original message
7. 1/4 Billion ? Yeah but can he play 3rd base like A-Rod ?
nt
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AX10 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-13-07 09:27 PM
Response to Original message
8. And just where is all that money invested?
How many conflicts of interest can be found in his investment portfolio?
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-14-07 09:45 AM
Response to Original message
10. very apparent why his kids won't serve now. nt
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