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In reply to the discussion: Do you wish to see Mitt Romney & Bain Capital indicted for fraud & corruption? [View all]Unknown Beatle
(2,691 posts)21. I also read this article involving eToys.
To understand the level of fraud Romneys surrogates committed in bankruptcy court, imagine a child custody battle between a powerful attorney and his ex-wife. The husband employs his firm to represent him, and surreptitiously supplies his partner to represent his ex-wife. When the mother discovers her ex-husband controlled his and her counsel, she reports the malfeasance to the court, and to avoid an investigation, her husband arranges to replace the prosecutor with one of his firms partners who pretends to investigate and then drops the case.
A similar scenario unfolded when Bain Capital took eToys into bankruptcy. Bain Capitals secret law firm, MNAT, colluded with Romneys bankruptcy gang by committing perjury to represent the debtors counsel and creditors counsel to give the appearance of being on opposite sides and conceal the fact eToys was not broke. Controlling both sides, Bain Capitals corrupt gang colluded to plunder the companys assets without opposition, and give Bain Capital eToys for free.
A 2005 Wall Street Journal article explained that eToys creditors attorney lied by failing to disclose conflict of interest when he appointed his partner as CEO of eToys. The eToys bankruptcy trustee alleged the failure to disclose is difficult to understand as inadvertent rather than deliberate, and it transpired in other companies Bain Capital took into bankruptcy during the same period. Influencing the debtor and creditors counsel, Bain was assured their bust out scheme would be successful. However, when an eToys executive liquidating assets discovered the frauds, including the company may not be broke, he alerted eToys managers and attorneys who attempted to buy him off; he declined their offer and reported the corruption to the Department of Justice. It is about this time that Romney, fearing a Department of Justice investigation, fled Bain Capital by retroactively retiring back to February 1999 to conceal his involvement in the eToys corruption scandal.
Despite the fact that Bains secret law firms (MNAT and Paul Traub) admitted lying, there was no Department of Justice investigation into Bain Capital, Romney, or their surrogates fraud and perjury because in August 2001, George W. Bush nominated another MNAT partner, Colm Connolly, as Delaware United States Attorney. Consequently, as Bain Capitals friend, he refused to investigate and/or prosecute the confessed acts of perjury and admitted intentional crimes.
A similar scenario unfolded when Bain Capital took eToys into bankruptcy. Bain Capitals secret law firm, MNAT, colluded with Romneys bankruptcy gang by committing perjury to represent the debtors counsel and creditors counsel to give the appearance of being on opposite sides and conceal the fact eToys was not broke. Controlling both sides, Bain Capitals corrupt gang colluded to plunder the companys assets without opposition, and give Bain Capital eToys for free.
A 2005 Wall Street Journal article explained that eToys creditors attorney lied by failing to disclose conflict of interest when he appointed his partner as CEO of eToys. The eToys bankruptcy trustee alleged the failure to disclose is difficult to understand as inadvertent rather than deliberate, and it transpired in other companies Bain Capital took into bankruptcy during the same period. Influencing the debtor and creditors counsel, Bain was assured their bust out scheme would be successful. However, when an eToys executive liquidating assets discovered the frauds, including the company may not be broke, he alerted eToys managers and attorneys who attempted to buy him off; he declined their offer and reported the corruption to the Department of Justice. It is about this time that Romney, fearing a Department of Justice investigation, fled Bain Capital by retroactively retiring back to February 1999 to conceal his involvement in the eToys corruption scandal.
Despite the fact that Bains secret law firms (MNAT and Paul Traub) admitted lying, there was no Department of Justice investigation into Bain Capital, Romney, or their surrogates fraud and perjury because in August 2001, George W. Bush nominated another MNAT partner, Colm Connolly, as Delaware United States Attorney. Consequently, as Bain Capitals friend, he refused to investigate and/or prosecute the confessed acts of perjury and admitted intentional crimes.
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Man oh man! We sure dodged a bullet last November. Imagine Romney as POTUS, what a fucking nightmare!
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Do you wish to see Mitt Romney & Bain Capital indicted for fraud & corruption? [View all]
laserhaas
May 2013
OP
This is big, a little complex, and none of "our" leaders will talk about it,
Egalitarian Thug
May 2013
#1
I will be happy to see all of the corruption in our world exposed in the light of day, and people
Voice for Peace
May 2013
#8
Please keep after them, I wish I had your strenght to keep fighting those bastards.
retired rooster
May 2013
#2
Thanks - I'm about to go kick Mitt (in a civil way) - in his Pocket Proverbials
laserhaas
May 2013
#4
So you actually think Mitt Romney and his ilk are going to ever be prosecuted?
Marrah_G
May 2013
#24
Absolutely. Provided of course that there is probable cause that crimes were committed.
Nye Bevan
May 2013
#28
I'm use to trolls, Rove & Romney pay them to follow and harrass me everywhere.
laserhaas
May 2013
#36
I've been on the phone and working with the "Selective Enforcement Commission"
laserhaas
May 2013
#35
BTW - SEC INFO is how we persuaded main stream Romney was lying on his Campaign Forms
laserhaas
May 2013
#37