General Discussion
In reply to the discussion: Wrongney Testimony Unsealed & Gloria Says: Boston Globe Double Crossed Me [View all]WinkyDink
(51,311 posts)Staples public.
This deal MADE ROMNEY.
"A year after the settlement, Staples went public, and its stock value soared to $19 a share. Bain Capital turned a $2.5 million investment into a $13 million profit. Romneys decision to back the firm helped cement his reputation as a savvy investor.
The Romney campaign referred questions about the case to Jones.
Sullivan Stemberg declined to comment for this story. She went to court Wednesday accompanied by celebrity lawyer Gloria Allred, who said the public deserves to know what a presidential candidate said in a court case.
In the divorce settlement, Sullivan Stemberg received 500,000 shares in the company, but missed out on the major profits enjoyed by her husband, Bain and other investors. She cashed in her shares before the company went public."
http://www.washingtonpost.com/blogs/election-2012/wp/2012/10/25/staples-value-may-be-issue-in-romneys-testimony/
But her husband KNEW it was going public, because ROMNEY MADE THE DEAL. IMO!