Romney's 'blind trust' invested $1 million in son's company.

[RandySF]

Cleta Mitchell, a Washington, D.C. election lawyer who has done legal work for Rick Santorum's campaign, said it would be hard to explain how Romney's independent investment fund would orchestrate a $1 million investment with his son's firm without violating the terms of a standard blind trust -- terms that typically prohibit communication with family members.

"What you're saying to the government is, I don't have any control over this, my spouse doesn't, and neither do my dependent children," Mitchell said. "The filer says, 'I don't know what's in it. I just get income from it.'"

Said one prominent campaign lawyer who has advised past Republican presidential candidates on these matters: "I don't see how this would provide the required trustee independence under the executive branch blind trust requirements."



http://news.yahoo.com/mitt-romneys-blind-trust-not-blind-140241848.html

[winstars]

1. Thanks for the article from 12/19/2011....

[The Straight Story]

2. your username isn't related to the company of the same name is it? (nt)

[RandySF]

4. It was tonight that Mitt insisted that he did not know

what was in his trust.

[Angry Dragon]

5. I had not seen this before ...... so it is good

[Firebrand Gary]

3. Juicy stuff! Thank you.

[upi402]

6. Where there's smoke

There's a fired staffer

It will come from a friend Mittens.

LOL

[Initech]

7. Can we just call a "blind trust" legalized theft?