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07-26-2012, 12:06 PM   #1
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Mitt Romney's Bankster Ball

I thought taking money from foreign nationals was verboten???
QuoteQuote:
As the investigation of banks implicated in Libor rate-fixing expands, Romney’s decision to go ahead with the London fundraising events is an act either of boldness or recklessness. The presumptive Republican nominee for president seems to think he can get away with raising as much as $2 million at a series of fund-raising events held on foreign soil. The cheapest of Romney’s “lavish” London events has a $2,500-per-person entry fee, while the evening gathering where the most scandal-plagued of international bankers will mingle with their favorite American charges from $25,000-per-person to $75,000 a head.

That’s the kind of event that candidates like to keep secret.

But grassroots activists in the United States are upping the ante by demanding that Romney immediately reveal the names of the bankers and financial insiders attending his London fundraising events. In particularly, they are pushing for the release of any and all information relating to Romney’s interactions with donors associated with Barclays and any other institutions that have been linked to the Libor scandal.

The Center for Responsive Politics identifies Barclays as the largest source of campaign donations to Romney, and a Maine state legislator who has been in the forefront of campaign finance reform and corporate watchdog fights wants to know more about the relationship between Romney and the Barclays donors.

“Americans have a right to know who Romney’s donors are so they can understand what policy agendas are in line with those donations,” says Maine State Representative Diane Russell, D-Portland. “We all have the right to donate to political campaigns, and the responsibility to own up to those donations. It’s part of the democratic process.”
from the comments.. I should get a t-shirt made:

WE CAN COUNT ON MITT. He TEMPORARILY really cares about us!


Last edited by jeffkrol; 07-26-2012 at 12:17 PM.
07-26-2012, 12:49 PM   #2
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George Clooney to Appear at Mega-Dollar Obama Fundraisers in Geneva - The Hollywood Reporter

Charles Adams, co-president of the campaign’s European outreach effort, told the newspaper Tribune de Geneve that Clooney will address a crowd of about 150 at an evening reception, which will be followed by a more intimate -- and expensive -- dinner at which the star will be the guest of honor. Tickets for the latter event will go for $20,000 for singles and $30,000 for couples.

Big Obama Fundraising in Tax Haven Switzerland | FrontPage Magazine

Even more problematic for Obama: Some of his very best campaign finance*bundlers and golfing buddies are architects and beneficiaries of the Swiss tax havens he purports to abhor.Robert Wolf is president of Swiss financial giant UBS*Investment*Bank and chairman of UBS Americas. According to campaign finance records, this longtime friend and fat cat has personally bundled more than $500,000 for Obama, dating back to Obama’s Illinois Senate days.
Obama and Wolf were introduced by radical leftist billionaire George Soros and have remained golfing and basketball buddies ever since. Wolf sits on Obama’s Economic Recovery Advisory Board and the presidential Council on Jobs and Competitiveness. In August 2010, Obama’s Internal Revenue Service dropped its lawsuit over UBS tax havens. The*company*forked over nearly $800 million to make the investigators all go away.
Wolf’s no lone Swiss-based Obama wolf. The left-leaning BuzzFeed and right-leaning Washington Free Beacon websites both noted in April that another deep-pocketed Obama bundler, Charles Adams, heads the Swiss office of powerhouse law firm Akin Gump. He’s raised at least $100,000.

Major Obama Bundler Marc Lasry Goes Long on Europe | Washington Free Beacon

Lasry,*the chief executive officer of the private-equity hedge fund Avenue Capital Group, is a major Obama campaign fundraiser, ranking among the campaign’s top 20 bundlers. He has raised $850,000 for President Obama’s reelection campaign, according to the Center for Responsive Politics. Lasry hosted a $35,800-per-person dinner for the president in March, and will host another dinner fundraiser this month. One of Lasry’s children recently worked in the White House, according to the Times.



So just like Romney Obama has gone to Europe to raise money from Ex-Pats so again it's not a violation of the laws as you seem to be implying or is it just ok for the Democrats to do this?

As for the OP comment
US financiers to meet in London for Mitt Romney fundraiser - Telegraph
Despite this, Cyrus Ardalan, Barclays' head of UK and European government relations, insisted the bank was not a supporter of the presidential hopeful.
"I ... would like to clarify that all political activity undertaken by Barclays' US employees, including personal fundraising for specific candidates, is done so in a personal capacity, and not on behalf of Barclays," he wrote in a letter to MPs.
"Barclays is politically non-partisan, makes no political donations nor seeks to influence the political activities of its employees."
07-26-2012, 12:57 PM   #3
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QuoteQuote:
"Barclays is politically non-partisan, makes no political donations nor seeks to influence the political activities of its employees."
I could argue that they are "above" politics as well............apparently..

I'd be interested to see ALL of their nationalities....
07-26-2012, 01:57 PM   #4
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Nice of you to mention this... as I'd contemplated posting this. Gives some background for what was happening and why people are now saying what they are.

MPs Tell Barclays to Stop Fundraising for Mitt Romney

QuoteQuote:
Barclays has privately distanced itself from its bankers' donations to Mitt Romney, the US Republican presidential candidate, after its executives were accused in parliament of fundraising for political candidates instead of working to rebuild the public's trust in the wake of the Libor-setting scandal.

Executives at Barclays have donated over $1m to Romney's presidential campaign and will hand over more money on Thursday night at an exclusive fundraising dinner in a secret Mayfair location, where tickets cost between $50,000 and $75,000.

Romney arrived in the UK on Wednesday for a series of meetings with David Cameron and other political figures before attending two fundraising events and the Olympics this weekend.

An early-day motion (EDM) signed by 11 MPs last week demanded the bank and its directors stop working to bolster Romney's election campaign war chest and concentrate on repairing confidence and trust in the banking system instead.

But in a letter to the signatories of the motion, Cyrus Ardalan, a vice-chairman of Barclays and head of the UK and European government relations, said the bank was not a supporter of the presidential hopeful.

'I ... would like to clarify that all political activity undertaken by Barclays' US employees, including personal fundraising for specific candidates, is done so in a personal capacity, and not on behalf of Barclays', he wrote.

'Barclays is politically non-partisan, makes no political donations nor seeks to influence the political activities of its employees'.

The EDM, whose primary sponsor was Grahame Morris MP, criticised the fact that the recently departed Barclays chief executive, Bob Diamond, and other existing senior Barclays executives have played a prominent role in fundraising efforts for the Romney campaign.

The dinner was due to be co-hosted by Diamond but he pulled out after resigning as chief executive in the wake of the Libor rate-fixing scandal. Diamond has been replaced by Patrick Durkin, the managing director of Barclays Capital, the bank's "casino banking" investment arm.




07-26-2012, 02:07 PM   #5
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QuoteOriginally posted by Nesster Quote
Nice of you to mention this... as I'd contemplated posting this. Gives some background for what was happening and why people are now saying what they are.

MPs Tell Barclays to Stop Fundraising for Mitt Romney
Bankers don't listen to gov.... gov listens to bankers...........
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