"Despite previous assertions to the contrary, SEC documents link Mitt Romney and his son Tagg Romney to a firm involved in the Allen Stanford $7 billion Ponzi scheme."
"Yesterday, ThinkProgress released our investigation of the Romney family’s investment firms, including Solamere Advisors and its parent company, Solamere Capital, which is run by Mitt Romney’s son Tagg. The report found that Tagg founded his firm using $10 million of Mitt’s money, and later partnered with a group of brokers who allegedly helped perpetrate one of the largest Ponzi schemes in modern history, the $8.5 billion Stanford Financial Group.
After our report, the Romney campaign released a statement to ABC News and the National Journal simply attacking ThinkProgress as a “a left-wing blog with a highly partisan agenda.†Despite calling our story “false material,†the Romney spokesperson did not directly dispute any of our assertions. The Romney campaign has not explained why, for instance, Tagg Romney falsely claimed that his Solamere Advisors partners were “cleared†of wrongdoing in connection to the Stanford Financial Group Ponzi scheme."
invite response
Covering Their Tracks: Firm Linked To Ponzi Scheme Erases Tagg Romney From Website
http://www.datalounge.com/cgi-bin/iowa/ajax.html?t=10995308#page:showThread,10995308
http://americablog.com/2012/10/mitt-tagg-romney-tied-to-ponzi-scheme.html
"Despite previous assertions to the contrary, SEC documents link Mitt Romney and his son Tagg Romney to a firm involved in the Allen Stanford $7 billion Ponzi scheme."
"Yesterday, ThinkProgress released our investigation of the Romney family’s investment firms, including Solamere Advisors and its parent company, Solamere Capital, which is run by Mitt Romney’s son Tagg. The report found that Tagg founded his firm using $10 million of Mitt’s money, and later partnered with a group of brokers who allegedly helped perpetrate one of the largest Ponzi schemes in modern history, the $8.5 billion Stanford Financial Group.
After our report, the Romney campaign released a statement to ABC News and the National Journal simply attacking ThinkProgress as a “a left-wing blog with a highly partisan agenda.†Despite calling our story “false material,†the Romney spokesperson did not directly dispute any of our assertions. The Romney campaign has not explained why, for instance, Tagg Romney falsely claimed that his Solamere Advisors partners were “cleared†of wrongdoing in connection to the Stanford Financial Group Ponzi scheme."