Mitt Romney allegedly provided testimony in the bitter divorce of his friend and staunch advocate, ex-Staples CEO Tom Stemberg, that meant his ex-wife received a poor divorce settlement. Sources told TMZ that Romney, whose hedge fund, Bain Capital, was an investor in Staples before it became a household name, testified in the case that the company was worth virtually nothing and that his friend was a 'dreamer'. He testified during the hearings in 1988 that the company's stock was 'overvalued' and that the future did not look good. Later he and Stemberg allegedly went to Goldman Sachs to cash in their stock for a massive payout, according to TMZ. His bitter ex-wife Maureen Stemberg claims this testimony effected how much she got from the settlement. It is unclear what if any lump sum she got out of the divorce, but it is known she was awarded 500,000 shares in the company. She later went on to cash in half of these before the company went public - missing out on a huge windfall as stocks soared from $2 to $19. There is no proof so far that Romney or Stemberg tried to mislead Mrs Stemberg or the court, but Mr Stemberg has yet to respond to a request for comment from MailOnline. Romney's lawyer Robert Jones simply told MailOnline that his client had no issues with the testimony being made public. 'This is a decades-old divorce case in which Mitt Romney provided testimony as to the value of a company,' he said. 'He has no objection to letting the public see that testimony.' http://www.dailymail.co.uk/news/art...ife-missed-windfall.html?ICO=most_read_module
The funny part is I have to ask myself, "is that all the dumbocrats have on Romeny?" WOW!!!!! Almost boring. Lol Now Otraitor? Hell, there's a major motion picture that's two hours long laying out evidence on him.:eek:
The Obama bin Laden movie is laughable too. Somehow they have inserted Romney into this movie making him a villain. Maybe they will show Romney visiting Osama at his compound and bringing him food.
Court releases Romney testimony but keeps gag order on Allred's client. Mitt Romney's testimony in his friend's divorce case -- in which he's accused of lying under oath to screw over his friend's ex-wife -- will be unsealed today and released to the Boston Globe ... the judge has ruled. As we first reported, Mitt testified in the divorce of Staples' founder Tom Stemberg -- and Tom's ex-wife Maureen claims Mitt lied under oath, falsely undervaluing Staples' stock in order to shaft her in the divorce. Mitt's people have already said the Presidential hopeful doesn't care if the testimony is released -- he has nothing to hide. Things didn't fare so well for Gloria Allred -- her request to ungag her client was shut down by the hot judge ... because Gloria never submitted an official motion to the court. Gloria was grasping at straws in a last ditch effort to get the judge to cut her a break -- but she was shot down, hard. The transcripts will be released to the Globe any minute. http://www.tmz.com/2012/10/25/mitt-romney-divorce-testimony/#ixzz2AJwjYQAi
This how Obama won all his other elections in Chicago, getting people to drop out of the race to due stuff like this. Too funny.
In one of Obama's primary races in IL he got everyone but himself tossed off the ballot by challenging the signatures putting them on the ballot - even the incumbent. It was slime ball politics.
This whole thing is idiotic. The woman got shares in her settlement. If Romney said they were worth less than they really were, he did her a favor. Are we supposed to believe she took Romney's word for what they were worth, knowing that he was business partners with her ex? Meanwhile, four americans were hung out to dry by Obama in libya and the media is ignoring the screwup and ensuing coverup. In reality, they are part of the coverup.
Gloria Allred is tabloid fodder - nothing more. UPDATE 12:09 p.m.: Romney attorney Robert Jones said in a statement, âThese tabloid charges being shopped by Gloria Allred, one of President Obamaâs most prominent supporters, are absolutely false. Every time a court has reviewed the allegations of her client over the last 24 years, they have been rejected. There is no new information here.â
Gloria's pissed that Donald Trump was named "biggest media clown in America" and she wants to regain the title for herself.