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To: outofstyle
She sold in 1988, the company went public in 1989 and Romney testified in 1991. So his statement was not a stock pick.

She decided to sell a large block of a highly illiquid stock just months after the 1987 crash, rather than waiting until it was public, liquidly traded and in the midst of an eventual market recovery.

He was right - at that time, in those circumstances, she likely couldn't have done much better.

19 posted on 10/25/2012 7:49:40 PM PDT by wideawake
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To: wideawake

She was stupid and greedy. It’s Romney’s fault


25 posted on 10/25/2012 7:53:35 PM PDT by Aria ( 2008 wasn't an election - it was a coup d'etat.)
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To: wideawake
She sold in 1988, the company went public in 1989 and Romney testified in 1991. So his statement was not a stock pick.

She decided to sell a large block of a highly illiquid stock just months after the 1987 crash, rather than waiting until it was public, liquidly traded and in the midst of an eventual market recovery.

He was right - at that time, in those circumstances, she likely couldn't have done much better.

Exactly. According to this article, Romney didn't testify under oath in an attempt to undervalue her divorce settlement. She got a divorce settlement. She sold too early. She then tried to renegotiate the divorce settlement AFTER everyone knew what actually happened with Staples. THIS is the point that Romney got called in to testify. The only story here is that Gloria Allred is a hack who is trying to distract everyone.

38 posted on 10/25/2012 7:59:51 PM PDT by lgwdnbdgr
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