Pants on Fire?

cecilia

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Court allows testimony by Mitt Romney in Stemberg divorce case to be unsealed


The case in question began more than 20 years ago, when Mitt Romney--then hedge funder at Bain Capital--testified in the divorce proceedings on behalf of Staples-CEO Tom Stemberg, at the time Romney’s close friend and business partner. The divorce hearings occurred shortly before Staples--which has become the GOP’s misleading poster child for Bain Capital’s financial track record--went public, earning Stemberg and Bain Capital millions.

In the testimony, however, Romney allegedly lied about the future of the company, saying it was “overvalued” and that Stemberg was a “dreamer” for thinking the company could grow large. As a result, Maureen received very little in the divorce settlement--only to learn that her husband and his cohort Mitt Romney quickly turned around and cashed in their own stocks in Staples for a small fortune right after the divorce was finalized.

So far, these allegations have little factual backing, giving the controversy a speculatory nature that feels a little like a media stunt, but is also befitting (in the sweet ironic sense) of the vulture capitalist candidate, whose million-dollar fortune was built on risky, speculation-based leveraged buy-outs.
 
Yup, Mitt Romney is a dirt bag.

Vote for Gary Johnson.
 
The Obama campaign doing what it does best ... unsealing divorce records

Whatever the company was worth, the Former Mrs Sullivan Stemberg was getting a pile of shares in it. If it was worth more, the same number of shares would equal more money; it if was worth less, the same number of shares would equal less money. In other words, the very fact she was being given shares meant that whatever the company was worth, she was being given the same fraction of shares.

The never ending divorce, which began almost twenty-five years ago has been litigated and re-litigated. "She has attempted to get her settlement overturned, but failed. She appealed the decision, and failed. She tried to take her case to the State Supreme Court, and was rejected. She has accused her husband and others of defrauding her, to no avail. She has sued her attorneys for malpractice, and lost. She has declared bankruptcy, and tried to sell her story as a book and a movie, also to no avail."

The court rejected Sullivan-Stemberg's request [to set aside the settlement] in 1994. Instead, Stemberg-Sullivan was found to have sold her stock expeditiously, before it matured to what it would be worth only a couple years later. "The wife cannot blame the husband for her uncoerced decision to sell approximately one half of her shares prior to the initial public offering of the Staples stock," the judge ruled. She had 500,000 shares of Staples, from the first divorce settlement.

Now waiting for the press to unseal the divorce papers Michelle Obama filed on Barack. Rumor says its something about allegations of his having a homosexual affair. But everyone know the Enquirer just makes those stories up
 
The Obama campaign doing what it does best
actually it's that lawyer Allred - Obama has nothing to do with this.

and I never said WHO I think may be lying...is it Allred?
is it the pissed off exwife?

is it mittens?

the folks at Bain?

who knows?
 
actually it's that lawyer Allred - Obama has nothing to do with this.

Gloria Allred attended the “30 Days to Victory” Obama fundraiser at the Nokia Theatre in Los Angeles on October 7th. She met privately with Obama backstage.
 
yeah, proof positive that They Are All IN This :rolleyes:

you are out of your {bleep} mind

Allred is a lawyer who only cares about HER Stupid shit. get over this wacko paranoia
 
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