Posted on 10/25/2012 3:01:16 PM PDT by mojito
Republican presidential candidate Mitt Romney not only thought Bain Capital-backed Staples stock was a risky investment, he never exercised all of his options to buy it, according to new testimony that is devastating to Obama backer and celebrity attorney Gloria Allred's bid to use a 1987 divorce and subsequent appeals to torpedo Romney's campaign....
At issue is the 1987-1988 divorce of Staples founder Tom Stemberg and Maureen Sullivan Stemberg. The ex-wife believes that during the initial divorce settlement, the value of Stemberg's Staples stock was undervalued and her take was cut as a result. Sources said that the former Mrs. Stemberg believes that Romney schemed to devalue the price of Staples stock to help her husband.
Despite earlier reports, Romney, then a leader at Bain, a major Staples investor, did not testify in the first divorce case - as there was no actual divorce trial. He did testify during one of Stemberg's efforts to re-litigate the divorce settlement in later years.
In October 1991, Romney was called to testify about the valuation placed on Staples in 1987 during the original divorce settlement. At the end of three days of testimony Romney was asked about his own opportunity to buy up Staples stock before the IPO. He was asked if he had purchased the full amount he was allowed to buy - essentially "maxing out" on buying up Staples stock pre-IPO.
Romney said he didn't because while he still believed that there was a chance that the company could take off, there was also a chance that the company could fail.
A source familiar with the case told Secrets, "This disproves the Allred allegation completely. He put his money where his mouth was."
(Excerpt) Read more at washingtonexaminer.com ...
Hey, Gloria, as any attorney knows you should know the answer before asking the question.
She'll probably take her supposedly impoverished client's last dime on her way out the door.
What this shows us is that Romney did not profit from the Staples stocks.
There goes Gloria Allred’s and the Left’s meme that Romney benefited at a disadvantaged woman’s expense.
This is no “October Surprise” and its not getting any traction. The Obamoids unsealed the wrong divorce case!
Mittens should do something uncharacteristic and ask her when was the last time she got laid.
As far as I know there has never been a page one retraction on Herman Cain or any other issue allred has puked up.
Did Romney's ol'bud from Staples days know his wife had such leanings?
This administration is so F..ked up that they would have trouble lacing a velcro shoe strap. Can you just imagine the horrendous mistakes that they have made on the international scene if what we have seen from them here at home is any indication? Its no wonder that the whole world is not at war. (See St. John the Divine)
hey, you go with the divorce case you got ~ here it wasn’t all that juicy ~
This is so wonderful to behold. Glorida All Red is going down in flames. I hope it devastates her credibility from pulling these stunts int he future. Plus, someone need to dig up the dirt on her and to have it ready to stop her the next time.
There is nothing here that is sensational or newsworthy!
Its an exciting a discovery as Al Capone’s now-famous empty vault.
Gloria Allred wanted to milk this for publicity. She didn’t do her homework and is easily the most overrated attorney in America.
Her fame has finally caught up with her. Good riddance!
Why would you wish that on a door?
Gloria probably has to pay for SEX! and a premium at that!
Probably the only thing that will work on that crotch is a wire brush, and a stiff one at that to turn her on!
One bitter, depraved Liberal! Like the rest of Liberal Women, Butt Ugly from the Inside OUT! Their Ideal Beauty is Helen Thomas and Madlady Albright! Hate burns one out early!
The TIMING of his testimoney is huge.
This was after Staples went public and succeeded. Romney was testifying about a time a few years before.
When he testified, everyone involved knew the company had succeeded, so they had every opprtunity to confront Romney about his opinion of the value pre-IPO versus what actually happened in the IPO.
There could be no surprises for her lawyers and it would be hard to see how Romney could “lie” when everything he was talking about had happened in the past and could be fact checked.
Gloria, you’re always on the run now
Running after somebody, you gotta get him somehow
I think you’ve got to slow down before you start to blow it
I think you’re headed for a breakdown, so be careful not to show it
You really don’t remember, was it something that he said?
Are the voices in your head calling, Gloria?
Gloria, don’t you think you’re fallin’?
If everybody wants you, why isn’t anybody callin’?
You don’t have to answer
Leave them hangin’ on the line, oh-oh-oh, calling Gloria
Gloria (Gloria), I think they got your number (Gloria)
I think they got the alias (Gloria) that you’ve been living under (Gloria)
But you really don’t remember, was it something that they said?
Are the voices in your head calling, Gloria?
A-ha-ha, a-ha-ha, Gloria, how’s it gonna go down?
Will you meet him on the main line, or will you catch him on the rebound?
Will you marry for the money, take a lover in the afternoon?
Feel your innocence slipping away, don’t believe it’s comin’ back soon
And you really don’t remember, was it something that he said?
Are the voices in your head calling, Gloria?
Gloria, don’t you think you’re fallin’?
If everybody wants you, why isn’t anybody callin’?
You don’t have to answer
Leave them hangin’ on the line, oh-oh-oh, calling Gloria
Gloria (Gloria), I think they got your number (Gloria)
I think they got the alias (Gloria) that you’ve been living under (Gloria)
But you really don’t remember, was it something that they said?
Are the voices in your head calling, Gloria?
Here she’s doing the job you might expect of a sleeper agent. Allred has worked with such people before ~ what I wonder is when her husband figured out what she was.
Awwwwwwwwwww poor Dems..they thought this October Surprise was going to destroy Romney..in fact it makes him look even more genuine..Poor Dems..soon enough they are going to have to deal with the fact that their Messiah Obama is FINISHED..Deal with it Dems your guy is TOAST
Obama is taking his diehard supporters and their reputations down with him..... one by one.
The two months between the election and the inauguration are going to be an extraordinarily dangerous time - all the bad guys are going to want their "last licks."
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