Skip to comments.Romney's 'October surprise' WILL be released: Judge allows Mitt's secret evidence...be public
Posted on 10/25/2012 8:06:35 AM PDT by Justaham
Original title: Romney's 'October surprise' WILL be released: Judge allows Mitt's secret evidence in bitter divorce of ex-Staples CEO to be made public
Celebrity attorney Gloria Allred has won her battle to have Mitt Romney's sworn testimony in the bitter divorce of the ex-Staples CEO released to the public - in what is claimed could provide a damaging blow to his campaign.
The Boston Globe filed the application to unseal the records and lift a gagging order on all parties involved after receiving a tip-off that there was 'juicy information about Romney' in the documents.
On Wednesday, there were claims that Romney's testimony in 1991 meant that Maureen Stemberg received a poor divorce settlement in the divorce from former Staples CEO Tom Stemberg after he said the company's stocks were 'overvalued'.
But Romney's lawyer said he would happily allow the transcripts to be released - leaving them to be left open to interpretation. The documents have yet to be seen by the press.
(Excerpt) Read more at dailymail.co.uk ...
This is so dumb. Nobody cares about stock testimony in some 20 year old divorce.
Okay, so what does Romney do now? Stay above this inanity or attack Obama on HIS sealed records? What’s the best political maneuver?
Did the judge issue a written ruling or is this just shooting from the lip? Why would the governator be involved in the ruling?
“But Romney’s lawyer said he would happily allow the transcripts to be released - leaving them to be left open to interpretation.”
Does Romney’s lawyer not realize how the Obama campaign and the MSM would “interpret” something like this???
TRANSCRIPT ONLY! Gag orders remain, LOL! BWAHAhahahahahahaha!!
Didn’t Romney’s lawyer say he (Romney) didn’t have a problem with the records being made public?
I’d say stay above the fray. It worked on the tax returns. Any time Romney says, “Fine with me if people look” he will look presidential and every time some Obama drone brings it up they will look desperate.
Ah, There at least five threads on this issue today on FR, yours is the only one who said she won.
The judge is a Deval Patrick political operative. Patrick and Barry are buddies.
Allred is all-stupid.
I love how she is chasing rabbits.
Google News has breaking news links up now showing how Mitt Romney AND the ex husband Tom Stemberg have no problems with releasing 20 year old details.
There was then - and there is now - NOTHING TO HIDE.
(insert evil laugh here)
The best thing is probably to do or say nothing.
Presuming there is nothing damaging in the Romney's testimony, the Kneepad Media can analyze it to death. But, no one else will be interested.
However, the gag order is still in effect. This is good, because it means the ex-wife can't start making wild accusations that Romney would have to refute or suffer in silence.
That one is simple. He ignores it. To attack Obama on his sealed records in response to this indicates some sort of equivalence which there is none. If Romney was going to attack Obama on his sealed records he should have done it months ago. In addition Romney never had to attack Obama on this issue. he should have had surrogates (besides Trump) do it for him.
Romney should be harping on Libya, Eqypt, Iran and the wrecked economy, contrasting Romney’s leadership experience with Obama’s and explaining what he would do differently. Let surrogates mess with birther and sealed records crap. There is so much stuff to go after Obama on that Romney must be selective.
So, you have a rabid whore of the legal system, conspiring and working with a probably very left leaning judge to prostitute the system and release sealed testimony in a blatant attempt to harm Romney on the eve of the election.
...and for what? A 20 year old divorce case where Romney was called to give testimony about the worth of the stock? Seriously? He gave sworn testimony about the stock...what was he supposed to do, lie, so the woman would get a better settlement?
This is all they’ve got. They’ve never had anything on Romney so they either come up with these inane attacks about a dog in a car top carrier 30 years ago, a fisti-cuff in High School 50 years ago, and now a woman who did not get what the left considers an “optimum” settlement because Mitt gave truthful testimony about the husband’s stock?
But the press will latch on to this and make it the talk of the news for the next week...even while the stench of treason is in the air, hanging over this nation as a result of Obama’s Benghazi debacle.
An American Lament in 2012
I think the fact that they aren’t afraid of it will speak volumes.
And lemme ask you this: How would Obozo and his minions have interpreted it if Romney had tried to keep this stuff sealed?
It’s a nothingburger. The only thing they can do with it is make a whiny attack ad that goes nowhere.
"On Wednesday, there were claims that Romney's testimony in 1991 meant that Maureen Stemberg received a poor divorce settlement in the divorce from former Staples CEO Tom Stemberg after he said the company's stocks were 'overvalued'."
Ha Ha. We're supposed to get all angry about a private company being "overvalued" twenty plus years ago... when Obama and his people deliberately overvalued bankrupt solar companies run by his donors so that they could get guaranteed, taxpayer-funded loans?
I agree, except for this: Let Libya happen on its own. It’s only going to get worse. Keep talking about the economy. There’s a reason Obama was trying to bait him into attacking on it at the most recent debate.
you know what this means??
romney just lost the psychobitch ex-wife vote...
This lady loves to hate her ex-husband and anyone associated with him. Romney’s role at their divorce hearing was testimony about the value of Staples stock 2 years before it went public. Apparently, at the time he considered it worth about 2.25 a share. She got 500,000 shares from the court and she must have sold half of them at 2.25 a share.
But she held on to 250,000 shares which she sold later for who knows what.
In any case, 2 years later, the new start-up, Staples, went public at $19 a share. (For curiosity seekers: Staples is selling today at about 11.50 a share.)
She’s mad that Romney didn’t predict a higher price years later. Therefore, Romney “cheated” her, too.
The 11.41 price today says that Romney could not have known the ups and downs of the price. In the last year alone, Staples has gone into the 16’s and now down into the 11’s. That’s a $5 swing in less than a year. In a 2 year time frame it suggest a $10 swing is not out of the ordinary. With a new start-up business, who the heck could begin to know with certainty??? I’d expect a person to be cautious predicting something like that.
But, even Romney’s testimony gave the lady over a million bucks. We all should be so abused.
I have never heard a dumber “october allred surprise” than this one.
Apparently, her gripe with Romney is that he isn’t a prophet.
Listening to Allred’s news conference outside the courthouse now. She is a piece of work.
Wants to represent her client (for some sort of relief which I can’t figure out), but is (obviously) desperate to get Romney’s testimony to the public, and yet claims not to be a surrogate for the Democrat party.
Ten minutes after the Romney transcripts get released, her client won’t see her ever again... except on a TV screen.
It’s just really nice to see her fret under the weight of a gag order!
IIRC, Romney’s already stated that he’s fine with the release of the transcripts. He said there’s nothing incriminating or damaging there.
The gag order is the real deal, because it would allow the wife to say ANYTHING she wants, even lying, regarding the divorce trial.
I suspect their ploy was to get a load of sympathetic women see how these men cheated her out of a fortune and made her life so miserable. Living in a $5,200 per month apartment really makes me want to open my checkbook to help her!
It doesn’t matter what Romney said, or what Allred did, or that the judge is a lefty.
The thing that matters is what the news media reports that Romney said. What he said is irrelevant.
What the MSM says he said is what matters.
You think there is nothing there..
they just got sent over to dan rather’s house... :)
You are spot on.
Wrong wrong wrong. Allred didn’t win anything. The gag rule is still in place so Allred’s d-bag client can’t yap her mouth off.
The transcript from today is hilarious with Allred’s whining, she begged the Globe to not accept only the release of transcripts since she wanted the gag order lifted more than the transcripts and even the Globe wasn’t listening to her.
Since Allred failed, you can expect her to return to her normal form and leave the client worse off than she was.
Which is what he has to say no matter what. Obviously they can't say not to release them or they look like they're hiding something. They have to say let them be released and worry about spinning it later. So we don't know if there's anything bad in there yet or not.
I would not put it past her to break the gag order. After all, a few months spent in jail for contempt is a small price to pay in order to save the anointed reign of The One.
I don’t know much about stocks but, if someone thinks the stock is overvalued then shouldn’t it be wise to sell it and make whatever profit you can?
In my state we are required to vote by mail.
Tonight, my bride and I will proudly vote for Mitt Romney, the next ‘real’ President of the United States.
Allred’s end game was the talk show tour for her client. I have no doubt that asselrod already had the woman scheduled for Leno, Letterman and The View (among others).
Especially with IPO frenzies.
The 11.41 price today
By the way, the stock has split 3:2 eight times since the IPO, so one IPO share would be 25.63 shares now and worth $292.43 today.
Split info from http://investor.staples.com/phoenix.zhtml?c=96244&p=irol-faq
You know, you’ve hit on something. If Obama’s people try to make this into a big deal, I think it will show desperation. But it will also remind people of someone they know.
You see, even though he’s a boy scout-type with a “storybook” marriage, Romney will benefit from our easy divorce culture, especially if the put this Stemberger woman front and center in ads or media appearances. How many guys will be reminded of their first wife? How many others will be reminded of the shrew that tortured one of their buddies on her way out of the marriage and screwed with him regularly until the kids were grown? How many women will be reminded of a friend who is still bitterly blaming all her problems on some guy she divorced years ago? Class warfare might figure in, too. Imagine the woman trying to keep her family in their home who hears she’s supposed to be all broken up because some twit got 500,000 shares of Staples when it was worth $2.50 and sold them at the wrong time, failing to add more millions to here holdings. Boo hoo!
Yeah, this is a nothingburger, and the timing indicates to me that this was probably their shot. There could still be something out there, but I think they did this at this point so that it would have a couple of weeks to rattle around in the media.
I agree that splits are wonderful things. The lady should have held onto her shares.
In any case, though, the ups and downs within a 2 year period...even a one year period...make “predicting” an uncertain business.
So, you’re telling me this lady’s stock would now be worth 140 million if she’d held onto it.
No wonder she feels stupid.
The way Mitt became the frontrunner was by showing people he was not even remotely like the caricature Obama had been painting all summer. The way he’ll stay the frontrunner is by showing people he’s that guy all the time, not just in debates.
Did you watch the live feed that TMZ provided? That judge was not having any of the Gloria crud! The poor Boston Globe attorney looked like he was there under threat which I am sure he was.
Gloria didn’t win. What she argued was that the gag order be lifted so she could put the “testimony in context”. Gloria actually said that without it the divorce testimony wouldn’t mean anything to the average American and they(we) deserved the context. She’s only looking out for the good of all Americans didn’t you know! She said without the order being lifted Mrs. Staples didn’t feel that she could talk about Mitt at all and her rights were being violated as she was the only person on the planet that couldn’t have a public opinion about this candidate!
Then it got good.... the judge who wasn’t buying it said that Mrs. Staples had every right to her opinion and could do so publicly. She just couldn’t say anything about her divorce. Then she said, “ Mr. Staples did it on national television at the RNC and was able to fully give on opinion on Mitt and his ability to be President without mentioning the divorce so surely Mrs. Staples could do it too! HAHAHA! Gloria didn’t know what to do with that!
The judge also mentioned that she has had 18 years to lift the gag order and the judge wasn’t about to subvert due diligence laws because the election is 12 days away.
Gloria went on then to ask Romney’s attorney if he cared if the gag order was lifted and the judge stopped her and said that Mitt wasn’t on the original contract of non-disclosure so his opinion really had no legal merit! Gloria really thought she had this one and was shut down cold! So fun to watch!
What the HELL!!! there are two other articles here saying that she LOST the case . So which is it???
The “wild allegations” have already been made. In fact, I believe the ex-wife in this case has already violated her gag order with posts she’s made on the Huffington Puffington Post. And I believe Allread claims that Romney lied under oath when he testified that Staples stock was “overvalued”. Then a few weeks later, he and the CEO sold their shares and supposedly made a killing. The ex-wife apparently made a poor decision and didn’t time her sale right, or didn’t have an advisor, or whatever, and she lost out on a “windfall”. Does this mean that Allred has ALSO violated the gag order? In any case, I have no doubt that Romney’s testimony was truthful, but how does he combat this?
The allegation that he “lied under oath in his testimony in a divorce case and a woman suffered as a result” is out there. The lemmings who are predisposed to believe this garbage, will.
What the HELL!!! there are two other articles here saying that she LOST the case . So which is it???
Exactly!! Imagine you’re one of those swing voter suburban moms, struggling to keep your family’s house because you and your husband have been unemployed or underemployed for a year...and you’re told the reason you can’t trust Mitt Romney is because some rich chick was handed 500,000 shares of Staples in a divorce and she didn’t time the sale right and make millions more than she already had. Yeah, boo hoo!
He already has answered.. Let the record speak for itself, open the files, I have nothing to hide.. The left WILL find something to say that is negative to Romney, no matter what he says.. The media will play it as “Hair on Fire” development, in any case..
It will make a difference to some, the results will determine, who, and how much..
Who didn’t know/see this coming? The Romney campaign expected something, this may/will, not be all of the surprises that Obama has in it’s bag of BS..
Patrick and Barry are buddies.
Buddies? That's kinda like saying that Burton and Taylor were "acquainted".
when has a gag order ever stopped these people?
OH NOES! Stop the presses! Mitt Romney testified in a divorce case!
Gloria All-RED is just making herself look ridiculous with this stuff, except to the credulous fans of MSNBC.
This is egregious grandstanding - even by her lofty standards - and the judge (to his credit) doesn't seem to want it happening in his courtroom.
Hat tip to proudtexasmama for the summary above in #37.
exactly right. at the end of the day its the economy that makes or breaks R’s campaign. everything else is noise.
She lost, badly. Her goal was to get the gag order lifted so her client could go on talk shows and claim Mitt shafted her and her kids. She only got the transcipt, which will mean little to the average American and does nothing to make Mitt look bad.
The judge knew exactly what was going on here and squashed it. Good on her.
Well, this one seemed to at least get her attention. I can't recall the phrasing, but she called it the most sweeping, comprehensive lock-down of a gag order she's ever encountered in all her years of practicing.
Gee, you think it might have been personal?