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View Full Version : The Acorn LIES not Far From the Tree



boutons_deux
10-13-2012, 10:13 AM
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Tagg Romney's Company Misled Reporters About Its Relationship With Ponzi Scheme–Linked Firm (http://www.thenation.com/blog/170546/tagg-romneys-company-misled-reporters-about-its-relationship-ponzi-scheme-linked-firm)

The private equity firm (http://www.thenation.com/article/170470/tagg-team-romney-family-recipe-crony-capitalism) 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.

According to this form (http://www.adviserinfo.sec.gov/iapd/content/viewform/adv/Sections/iapd_AdvScheduleBSection.aspx?ORG_PK=150605&RGLTR_PK=50000&STATE_CD=&FLNG_PK=02DB68A00008016101EAB90003C75E51056C8CC0) and this form (http://www.adviserinfo.sec.gov/iapd/content/viewform/adv/Sections/iapd_AdvAllPages.aspx?ORG_PK=156902&RGLTR_PK=50000&STATE_CD=&FLNG_PK=012C93440008015C055311500383CC45056C8CC0&Print=Y) filed with the SEC, Solamere Group owns a large stake in Solamere Advisors (referred to in the documents as “CAMG Solamere (https://www.secretary.state.nc.us/corporations/Corp.aspx?PitemId=9139387).”) So it is impossible to argue that Solamere Capital—the Romney family’s investment company—does not have direct financial ties with Solamere Advisors, the firm filled with executives who sold CDs as part of the Stanford fraud. The

Stanford scandal is second only to the case of Bernie Madoff.

The disclosures are made on part of the SEC website enhanced (http://www.kattenlaw.com/summary-and-analysis-of-dodd-frank-rules-for-investment-advisers/) by the new Dodd-Frank law, the Wall Street reform Romney says he wants to repeal.


http://www.thenation.com/blog/170546/tagg-romneys-company-misled-reporters-about-its-relationship-ponzi-scheme-linked-firm#