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Post by jdd2 on Sept 26, 2012 7:09:40 GMT -5
On Aug. 10, 2011, the night before Mitt Romney participated in a Republican primary debate in Iowa, the Republican nominee took an extraordinary step: He unloaded a boatload of stocks that may have been problematic in his run for the Oval Office. Some of those investments included securities from companies with ties to Iran to investments in the state-owned Chinese oil company, CNOOC. The sale of these investments was confirmed in Romney's 2011 tax returns, which the candidate released to the public on September 21. Also enclosed in his 2011 tax return were the addresses of his Cayman Islands interests and the performance of his Goldman Sachs funds. Many of these investments were made through the Romney Family Trust, a blind trust run by a trustee. Romney has claimed he didn't know what investments were inside the trust.
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Post by brucemacneill on Sept 26, 2012 7:22:00 GMT -5
Yeah, I did about the same thing at about the same time and lost 3 months profits when the market unexpectedly rebounded. Is this a punishable offense? In his case it's a blind trust, which he doesn't control. Can you prove he even knew what the trustee was doing? That might be a punishable offense.
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Post by Rob Hanesworth on Sept 26, 2012 7:40:50 GMT -5
On Aug. 10, 2011, the night before Mitt Romney participated in a Republican primary debate in Iowa, the Republican nominee took an extraordinary step: He unloaded a boatload of stocks that may have been problematic in his run for the Oval Office. Some of those investments included securities from companies with ties to Iran to investments in the state-owned Chinese oil company, CNOOC. The sale of these investments was confirmed in Romney's 2011 tax returns, which the candidate released to the public on September 21. Also enclosed in his 2011 tax return were the addresses of his Cayman Islands interests and the performance of his Goldman Sachs funds. Many of these investments were made through the Romney Family Trust, a blind trust run by a trustee. Romney has claimed he didn't know what investments were inside the trust. Is there an accusation in there somewhere? If so, it is too subtle for me. If I were running for president I might ask the trustee of my blind trust to dump any investments that might be perceived as controversial. Looks like no big deal to me. I won't be voting for Romney, but honestly I see nothing in this "story" that would sway me against him.
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Post by Marshall on Sept 26, 2012 8:08:56 GMT -5
Nothing in that statement I read bothers me.
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Post by Supertramp78 on Sept 26, 2012 8:10:26 GMT -5
let's be clear on blind trusts.....
but I really don't care.
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