Open Source Research: Romney's $250 Million
Posted by Kombiz Lavasany on August 14, 2007 at 10:59 AM
The FEC posted millionaire Mitt Romney's financial disclosure form online. For the first time, we'll be able to see exactly where his $250 million dollar fortune is invested. But it's a big job, and we need your help. Please help us comb through the document to look for red flags, conflicts of interest, and other investments that look interesting.
We'll be poring over the documents here at the Democratic Party, looking at the investments, conflicts of interests, and where Mitt Romney's $250 million dollars are invested, but one thing we know is that there's a wisdom to crowds and there's a lot of expertise in the online progressive community. So join us in poring through the financial disclosure forms--then let us know what you find in this thread on the Democratic Party's blog.
Click here to get the documents.
Comments (21) «
Romney's portfolio holds stock in an oil company that does business in Sudan--where the government is accused of sponsoring genocide. More from the Los Angeles Times.
Poring (not pouring).
Pore: To study or read with care and application.
I just read the L.A. Times article that Stephanie posted...Romney is an unbelievable hypocrite! He does not have the moral character to be president.
Thanks, I've made the change to the post. Adam Bonin at daily kos suggests:
All this takes is some strong Googling from people. Pick a company or a fund in which Romney has invested, and do some googling to research issues like:
* outsourcing
* bad labor practices
* layoffs
* "bad products"
* Sudan investment
Just poke around, gang.
It's amusing to see that some companies in which Romney's assets are or were invested are FRENCH!
In waiving his salary as governor of Massachusetts, did he designate where the funds were to be redistributed? Did he also waive whatever benefits he might have been entitled to as a state employee? Did those include retirement/pesion contributions? If so, where is that money held and when can he qualify to receive it?
I see he was invested in many casinos but sold
those investments is that ok with his church? Also please check out CEMEX.
All of his assets are out of his control, except for cash and cash deposits. I think looking for conflicts of interest in his blind trust is a bit underhanded, since he doesn't have the ability to mitigate conflicts of interest by ordering his manager to sell assets creating a conflict.
One difference between Democrats and Republicans is that Democrats play fair. Democrats don't engage in the Swift-boating of blind trusts. If you're going to attack his assets, attack him for having so many assets that he is out of touch. Don't go fishing through things he has no control over. The length of that document is argument enough.
Perhaps the Mormon Church is using its members to work for him. Also, he is vacationing where the Marriot Hotel chain (the owners are Mormons) has a large resort in New Hampshire.
Diebold sticks out to me right off the bat from a quick skim.
After examining this it seems that Romney's had his hand in almost every big corporation. A lot of the stock has been sold and supposedly he doesn't know anything about his own portfolio anymore. Still the idea of Diebold being part of his portfolio is something to examine.
After googling Romney and Diebold what should pop out but this article. Ron Paul came in fifth place and Romney's people were manning malfunctioning Diebold machines. Is there a reason to check here?
I hope this didn't poet twice. I googled Romney and Diebold and this article popped up right away. Can there be a connection here?
this is very helpful,we in Mass. did not know
his finances when he was the Gov.
On a quick scan i find a pattern of Real Estate
investments not inconsistent with his years at Bain--He is a financial insider--Where will he be
on the issues facing the nation on sustainable
development and renewables? He has a total lack of understanding on the economic crisis facing the country.
i see NO SRI investments
i see sub-prime exposure
I see a tendency towards Globalization
He will be more of the same failed econometric
we are dealing with today and will get much worse
over the next decade.
Do not be fooled by his term in MA it was just a place holder for what is unfolding today.
Karl Rove will be working for this campaign as soon as he has left the White House.
Romney took dividends from Ameristar Casinos, though he has sold those holdings. A review of the litigation surrounding this company turned up that one of its casinos was the meeting place for drug traffickers who appeared to be charged on the federal level. Is this the kind of company a presidential candidate should be involved with. Also, has anyone questioned his views on gambling?
When the US People through NASA reaching to planet of MARS
G.W.Bush want to take back the USA to the middle age .
He want with the republican party to change the democratic administration of the US to Dictatorship admenstration to be
Emperor Nero the II . He is a lei r murder & guelty . He found his OWN GOVERNMENT out of US using the power of USA . He found mersenaries , spays , jells and security police who serving his madness only.
He may use them once against US and say after that that it's done by the terrorists to effect in the 2008 election.
The congress must do something to stop this mad and take him and his team to court.
before he destroy the USA & the WORLD WIDE 's security & economy.
Please every body every where must know that
there are many other duties to began to do , to save EARTH & LIFE by unit peace love and co-operation than fighting and killing women children and civil people .
Gabraeal
The both are Two Arabian Gulf Shekhs agents as Guangister. they used the American force and power under their service .
But they make money with their team too.
In the other side the USA people are paying thawsands of US
They created in The USA arabic policy rigym .
I am suggesting to them to make The USA member in the Arabian Gulf council.
For Publishing you are free.
Comment by Mr. Gabraeal — February 9, 2007 @ 6:30 pm
The both are Two Arabian Gulf Shekhs agents as Guangisters. they used the American force and power under their service .
But they make money with their team too.
In the other side the USA people are paying thausands of $s.
They created in The USA arabic policy rigim .
I am suggesting to them to make The USA member in the Arabian Gulf council.
I mean President G . W . Bush and His Father G . H .W.Bush
Gabraeal
DEar:
All the money that they collected after they sent the US troop to Iraq is dirty money. For that case they don't care the way that they are spending it.
It came to them easyly and it go from them as they got it easyly.
Gabraeal
Uggh!
There are lots of reasons to dislike Mitt Romney as a candidate. The fact that he is rich, is not one of them.
This kind of post, right at the top of the Democrats' website, makes my skin crawl. You are actually asking volunteers to help you prepare for negative mudslinging, for free.
Some of us really, truly are sick of this kind of campaign. We want to know what the Democratic party can offer us following eight years of Bush/Cheney. Can you focus on that, please?
Uggh!
There are lots of reasons to dislike Mitt Romney as a candidate. The fact that he is rich, is not one of them.
This kind of post, right at the top of the Democrats' website, makes my skin crawl. You are actually asking volunteers to help you prepare for negative mudslinging, for free.
Some of us really, truly are sick of this kind of campaign. We want to know what the Democratic party can offer us following eight years of Bush/Cheney. Can you focus on that, please?
The pdf download of Romney's financial disclosure form was posted upside down. Makes it a little hard to read.
I saw one blog that asked whether Romney's investments in Casinos were OK by his Church. I don't have anything against Mormons per se, just depends on how people perceive their own religious roles, like everybody else, and I don't have anything against Casinos, per se, except they tend to cause a cash transfer from the people who play there and to the people who invest there. But:
Does anyone remember Howard Hughes? Does anyone remember who wound up controlling Howard Hughes assets?
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