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Mitt Romney, Family Tied To Perps Of $8 Billion Ponzi Scheme

Mitt Romney, Family Tied To Perps Of $8 Billion Ponzi Scheme

In a blockbuster that may potentially doom the frontrunner for the Republican nominee for the presidency, it was reported today that, “Mitt Romney, his son Tagg, and Romney’s chief fundraiser, Spencer Zwick, have extensive financial and political ties to three men who allegedly participated in an $8.5 billion Ponzi scheme. A few months after the Ponzi scheme collapsed, a firm financed by Mitt Romney and run by his son and chief fundraiser partnered with the three men and created a new ‘wealth management business’ as a subsidiary.”

http://beforeitsnews.com/story/1313/588/Mitt_Romney,_Family_...

Here is the original link to the story.
Has the chart with it to show!
http://thinkprogress.org/economy/2011/11/01/316040/romney-so...




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Before you spread this article

all around, please realize that the original story at thinkprogress.org, is from a very left wing website, that is a project for Center for Ameriacan Progress. http://thinkprogress.org/about/

Center for American Progress is a liberal thinktank. Here's their website. not a real reliable source, nor one that would win any believers among the conservatives. http://24ahead.com/s/center-american-progress

Sorry updated with oringinal link!

!Bump!Where's the media on this!?

I have another idea about this--

I think Romney has been pushed by the MSM, and I don't think the polls are 'real'--

(at least not the ones that say he is ahead)--

so that the GOP will fail. I do think this will become known. Romney has been a stooge from the beginning--

perhaps he deserves to be known for what he is, but I see a set up here--

it's hard to be awake; it's easier to dream--

Of course he was!! Just like ol Maverick McCain!

Of course he was!! Just like ol Maverick McCain! It was a real hard pick back in 08, especially when the two of em were grinning like goddamned garden gnomes whenever Dr. Paul was speaking in the final debates.

But they went for the maverick -- after he burnt up every square inch of political capital he had -- and promptly sh*tcanned him.

As for Ponzi Willard, I say:

"Burn baby, burn~!"

"Cowards & idiots can come along for the ride but they gotta sit in the back seat!"

ThinkProgress: original primary exclusive news report.

Exclusive: Romney Family Investment Group Partnered With Alleged Perpetrators Of $8 Billion Ponzi Scheme

Please replace your secondary source with this primary source. It has pictures & a chart connecting the nefarious gang-land front-runners. You may wish to leave the "Before It's News" derivative account. The original has the gang org chart showing the connections & more detail.

Excerpt: "Moreover, a court-appointed audit of the Stanford Financial Group found that several of the former Stanford brokers made far more than what Tagg claimed:

  • – Solamere Advisors managing partner Tim Bambauer made $1,143,392 in incentive pay selling fraudulent CDs to investors.
  • – Solamere Advisors partner Deems May made $465,000 in incentive pay selling fraudulent CDs to investors.
  • – Solamere Advisors operations manager made Brandon Phillips $70,000 in incentive pay selling fraudulent CDs to investors."

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

A paragraph from the last

A paragraph from the last White Hat report #31.....Romney is part of the CRONY system we need to dissolve.....check this out...

"Remember, we reported a Two Hundred Million Dollar bribe taken by Vice President Joe Biden, offered by Hillary Clinton, acting for Bush Senior. Of the 3 Billion dollars reported above, Mitt Romney alone, acting with Bush Senior was paid over $1 Billion to front for Bush Senior. This money was stolen from Falcone’s program. Falcone and his associates have already communicated with key Republican Senators and their plan to remove Romney as a Presidential candidate by filing a Federal lawsuit against Romney, Bush Senior and his associates. Falcone is using the same strategy now as he did when Romney was a Vice Presidential candidate for John McCain. Just when he is most vulnerable and a likely candidate, Falcone will share the incriminating evidence and have Romney removed. The White Hats will make sure that all opposition parties are aware of the details of Romney's corruption. Romney cannot be allowed to be elected as yet another corrupt and bribe-taking United States President."

http://tdarkcabal.blogspot.com/

will politico or something similar dig deeper into this story?

how and will this get into the mainstream press?

bd

Ties

The problem with "ties" is, of course, the same as Ron Paul's "ties" to (insert bad person, here).

It sounds to me like these people all know how to get what they want from others and they're not very careful about checking out the trustworthiness of others.

Ponzi schemes play to greed of investors and this one also played to the greed of the brokers, and they may well not have "known" it was a scam. Tagg may well have believed that, whether true or not, as well.

They may not be shady, but they're not very bright. Mitt probably thought he was helping his son in business, but it's clear they see business as "playing with money" and not work. No matter how one looks at it, it isn't presidential.

What do you think? http://consequeries.com/

Mittens is scum.....this is

Mittens is scum.....this is just the tip of the ICE berg....go to this website and you will learn he is involved in other corrupt deals as well....he is part of the status quo establishment who want their cake and eat it too....WE MUST STOP THESE THUGS.....RON PAUL IS THE ONLY ONE WE CAN TRUST TO DO THE RIGHT THING BY THE PEOPLE.....please go to this link and learn about the money Romney and others have stolen from the Falcone trust and the Torpos trust then pass this far and wide....

http://tdarkcabal.blogspot.com/

Waiting for MSM to let people

Waiting for MSM to let people know about the depths of this...still waiting...
Does anyone not see that the ONLY candidate who has successful business experience is the one who started his OWN small business and made it successful all his life? That is Ron Paul. Unlike Bachman, he took NO federal subsidies or programs and built it from the ground up (never screwing employees). His wealth truly came from his own efforts. WAKE UP!

If you're holding your

If you're holding your breath, please take a breath, because we DON'T need you to asphyxiate and expire. :-)

~ Engage in the war of attrition: http://pacalliance.us/redamendment/

Correct me if I'm wrong,

but doesn't this kinda shenanigans possibly explain how Mittens raised so much money in his campaign/pac in the 2nd quarter?? If I recall correctly, the large pac donations were from one or two newly formed LLC's that disappeared shortly afterwards and millions of dollars are difficult to trace as to their origin. Seems to me if you want to launder millions of dollars, just run for president and funnel your ponzi scheme profits into your pac and campaign.

Romney has dirty mittens!

Romney has dirty mittens! HA,HA,HA!

~ Engage in the war of attrition: http://pacalliance.us/redamendment/

there has been a lot of discussion about multi-

generational evil on DP. Whatever 'stripe' the PTB take, *they* seem to pass it on to the younger generation.

I have never believed that Romney had integrity, but this is not the first time I have heard an account of his children carrying the torch of unethical/immoral behavior.

It is sad. The only thing of value parents can do is teach their children to be upright. When parents deliberately corrupt their children, it is beyond sad.

it's hard to be awake; it's easier to dream--

Time to phone bomb the boortz show today?

Until one of us gets through to challenge his morality comment based on this story... His listeners deserve to hear the truth.

Always remember:
"It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds." ~ Samuel Adams
If they hate us for our freedom, they must LOVE us now....

Stay IRATE, remain TIRELESS, an

funny

Bortz was just going on yesterday about how MORAL and ETHICAL Mormons are vs. others.
Ya, Mitt and ALL Mormons are just such upstanding citizens we should ALL take lessons from huh?

Jackson County Georgia

War is an instrument entirely inefficient toward redressing wrong; and multiplies, instead of indemnifying losses.
Thomas Jefferson

Watch the application of the word "ALL", ok?

Rommney is no more an example of a typical Mormon than John Kennedy is of all Catholics.

Conscience does not exist if not exercised

"No matter how cynical you get, it's impossible to keep up!
---Lily Tomlin

I live in Utah

(I am not Mormon) I used to really not like Mormons because they didn't like me, Over all these years I have learned one thing its not the Mormons it is the individual people who do bad things and they maybe Mormon but you can not clump all the people together because of what one individual does.

We here on the Daily Paul should recognize that more than any.

I grew up in Utah too

I grew up in Utah too (mormon) and I know that its tough living in Utah not being mormon. It was weird moving to VA them I was the outcast lol.

The collectivist mentality is so detrimental and I see it a lot here in Alabama with the poor black population. It's sad because they are so jealous of those who have even a little wealth while they support the system that keeps them is poverty!

any collectivist claim . . . such as that:

(fill in the blanks) are better/worse people, blah, blah--

is wrong.

it's hard to be awake; it's easier to dream--

Very Interesting, Great Find

I'm sure this will eventually come out in the main stream.

Tim Maitski
Atlanta real estate agent
Atlanta real estate website