[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]  [Register] 

Status: Not Logged In; Sign In

Why will Kamala Harris resign from her occupancy of the Office of Vice President of the USA? Scroll down for records/details

Secret Negotiations! Jill Biden’s Demands for $2B Library, Legal Immunity, and $100M Book Deal to Protect Biden Family Before Joe’s Exit

Mark Levin: They lied to us about Biden

RIGGED: Pfizer cut deal to help Biden steal 2020 election

It's Dr. Kimmy date night!

Glenbrook Dodge will raise a new American flag just before the 4th of July

Horse's continuing struggles with getting online.

‘Trillion dollar trainwreck’: US super stealth fighter is eating the next generation

Who Died: June 2024 Week 4 | News

MORE TROUBLE FOR OLD JOE

"Gestapo" Müller - Hunting Hitler's Secret Police Chief

How Michelle Obama Could Become Democrats' Nominee after Biden's Terrible Debate, with Steve Bannon

Was This Lethal Spitfire Ace Killed by His Own Tactics?

Welsh Police Pay Home Visit To Man For Displaying Reform UK Political Sign

Liz Harrington Drops a BOMBSHELL on How Georgia Was Stolen

Trudeau govt to make all bathrooms in Parliament buildings GENDER NEUTRAL

French official admits censorship is needed for government to control public opinion

Bill Maher Predicts Trump Victory: The Left Is Aggressively Anti-Common Sense

Google is suppressing Blaze Media. Heres how you can help.

Large-scale prisons being secretly erected in all 50 states will they be used to house illegals or force Americans into concentration camps?

Hezbollah is ready to confront Israels military, with Jon Elmer

Balloons Land in Southern Lebanon, Warning Locals the Land Belongs to Jews

German Politician Hit With Hate Crime Investigation For Demanding Migrant Criminals Be Deported

DNC Caught Funneling Millions to Law Firms Involved in Unprecedented Lawfare Campaign Against Trump

Here Are The 20 Biggest Whoppers Biden Told During His Debate With Trump

NYC to ban cellphones in public schools.

New York Times Columnists Turn On Biden After Disastrous Debate Performance

8 Armed Men With Venezuelan Accents Violently Rob Denver Jewelry Store

Uvalde Police School Chief Indicted, Arrested Over Response To 2022 Shooting

Greetings from the Horse


Neocon Nuttery
See other Neocon Nuttery Articles

Title: Romney stock includes oil company in Sudan
Source: Denver Post
URL Source: http://www.denverpost.com/headlines/ci_6616995
Published: Aug 14, 2007
Author: Dan Morain
Post Date: 2007-08-14 11:53:33 by Eoghan
Ping List: *US is Proxy State For Israel*     Subscribe to *US is Proxy State For Israel*
Keywords: None
Views: 119
Comments: 2

The GOP candidate, who is worth up to $250 million, has divested from firms doing business in Iran but not from one in Sudan.

Republican presidential hopeful Mitt Romney divested from companies doing business in Iran but still holds stock in an oil company that does business in Sudan, where the government is accused of sponsoring genocide, his financial-disclosure report filed Monday shows.

Romney, the wealthiest presidential contender, is worth $190 million to $250 million, with investments spread among stocks, treasuries and high-end funds. R. Bradford Malt, Romney's attorney, acts as sole trustee of what until Monday was a blind trust, and makes investment decisions.

Romney, the former Massachusetts governor, trails in national polls but is doing well in the polls in the early voting states. His wealth is key to his candidacy. As he did when he ran for governor in 2003, he is dipping into his accounts to help pay for his candidacy, lending his campaign more than $9 million so far.

He first filed a financial disclosure when he ran for U.S. Senate in 1994. At the time, the Boston Herald reported that he had assets of $16 million to $25 million.

In a telephone news conference, Malt said Monday that he became more attentive to Romney's holdings once the former Massachusetts governor began running for president. The financial disclosure, which covers 2006 and the first half of 2007, shows Malt sold stock in dozens of companies in recent months.

For example, after Romney publicly called for divestment from companies doing business in Iran, Malt sold stock in some such companies, such as the Italian oil company Eni S.P.A.

Chinese oil firm in Sudan

But according to the report, Romney holds stock in China Petroleum and Chemical, an oil supply company that has dealings in the African nation of Sudan, according to the Genocide Intervention Network, a Washington-based group dedicated to ending the genocide in Sudan's Darfur region.

Romney's holdings in the company are a tiny fraction of his overall portfolio. The stock is valued at $50,000 to $100,000 and generated income of no more than $15,000. The federal reports give ranges rather than specific values of holdings.

Romney spokesman Kevin Madden, declining to discuss any single investment, said all decisions were made by Malt and that Romney had no influence over how his investments are handled.

The report shows Romney has numerous offshore holdings. Malt said none of the foreign investments was intended to "reduce taxes or defer taxes."

Domestically, Malt sold stock in Altria Group, whose subsidiary, Philip Morris, U.S.A., is the world's largest cigarette manufacturer, although Romney still has some holdings in the company through at least one of his many investment funds.

As Romney seeks support among social conservatives in the Republican primary, the trustee also sold off stock in half a dozen casino companies, earning Romney $155,000 to $1.18 million.

Romney placed his holdings in a blind trust when he became Massachusetts governor in 2003.


Poster Comment:

Neolibs and Neocons, United and Interchangeable

Excerpt

"The other two serious Republican contenders, John McCain and Mitt Romney, are also being advised on foreign policy by neoconservatives."

"Mitt Romney is being advised by Dan Senor, former AIPAC staffer who graduated to the post of official spokesman for the Coalition Provisional Authority in Baghdad. He is also relying on J. Cofer Black, former chief of the CIA's Counterterrorism Center and now head of Total Intel, a Beltway bandit that provides security services to the government."

The Dafur Genocide Is About Oil Subscribe to *US is Proxy State For Israel*

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Eoghan (#0)

Chinese oil firm in Sudan

But according to the report, Romney holds stock in China Petroleum and Chemical, an oil supply company that has dealings in the African nation of Sudan, according to the Genocide Intervention Network, a Washington-based group dedicated to ending the genocide in Sudan's Darfur region.

Oh well, they aren't Mormons.

Ron Paul for President

robin  posted on  2007-08-14   11:58:18 ET  Reply   Trace   Private Reply  


#2. To: robin (#1)

;-)

Join the Ron Paul Revolution

Lod  posted on  2007-08-14   12:29:38 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]  [Register]