Tagg Romney Partnered Family Investment Group With Employees Behind Alleged Ponzi Scheme

Think Progress:

Mitt Romney, his son Tagg, and Romney's chief fundraiser, Spencer Zwick, have extensive financial and political ties to three men who allegedly participated in an $8.5 billion Ponzi scheme. A few months after the Ponzi scheme collapsed, a firm financed by Mitt Romney and run by his son and chief fundraiser partnered with the three men and created a new "wealth management business" as a subsidiary.

Read the whole story: Think Progress

Comments

[Dr Scott]

08:08 PM on 11/01/2011

Wow. I wish I good say that I'm shocked that a bunch of rich guys made money operating a Ponzi scheme, but I'm not. I'd be shocked if they weren't involved in some kind of illegal financial activity.

[dayzee10]

07:21 PM on 11/01/2011

An old favorite of mine that demonstrates what a man of the little people NitMittens Rombot is.................http://www.youtube.com/watch?v=0H8Nq7BglIg

[JackHoffman]

06:56 PM on 11/01/2011

Why isn't this the top story?

[Firinn]

10:11 PM on 11/01/2011

I am asking myself that very same question??? Why HuffPo? There wasn't even a mention of it today in the MSM. The only thing that has any traction is Mr. Cain's sexual harassment story, (drivel). The big dog in this race is Mr. Romney and this is a much bigger story and I still have lots of questions and I don't have the answers I need. So, HuffPo, ask the right questions and print the answers, your readers demand it.

[workquick]

06:22 PM on 11/01/2011

So, why aren't arrest warrants being served to Tagg and Mitt?

[Tikiman]

06:15 PM on 11/01/2011

Romney's response: "I'm running for office for Pete's sake, get me out of this!"

[Badbowler]

05:56 PM on 11/01/2011

Move this story to the top of the page please.

[Mas]

05:52 PM on 11/01/2011

Republicans do know Ponzi scheme.

[telisi john]

05:17 PM on 11/01/2011

Despite Ponzi Business Connection, Romney Promises To Repeal New Investor Protection Laws

[Jaladeno]

05:16 PM on 11/01/2011

Mitt has a kid named Tagg? Does everyone have a baseball themed name in that family? Is Mrs. Romney named Batting Donut?

[KeyopsBack]

04:45 PM on 11/01/2011

Why is this not on the front page of H P!! If Obama ad been in this situation foxx news would be playing this 24/7! C'mon HP!

[camelias and sweet tea]

04:29 PM on 11/01/2011

His son's name is TAGG, OMG, was he born in Wasilla, he could be a Palin

[Massconfusion]

04:06 PM on 11/01/2011

Mittens never did explain why his five eligable sons are not serving in the military...at least a Corpmen!

[soupson52]

04:18 PM on 11/01/2011

I thought he said they were serving their country by working for his presidency last time around. Now that is callous. And, may I say, arrogant??? Notice how that really expensive remodel of one of his houses has dropped off the news pages but I bet the construction continues.

[Massconfusion]

04:24 PM on 11/01/2011

I meant a GOOD explaination...

Yeah what did he have a 5000 sq ft house that was inadequate for all the wives so they bulldozed it? Mitt IS the 0ne percent!

[soupson52]

04:25 PM on 11/01/2011

This sounds like I "mind" people being rich. I don't, but I cannot abide this feeling of entitlement he and some of his rich cohorts have. He's got it in spades. They truly believe they are more worthy than the 99%. If they recognized their willingness to do some things the rest of us wouldn't because of moral constraints... Ruthless? Absolutely. Worthy? Not so much.

[ljc]

04:05 PM on 11/01/2011

Hp has already buried this story....It is no where on the main or the politics page ....I had to go to my comments to get back to it.

[GypsyRobin]

03:59 PM on 11/01/2011

And THIS "Ponzi Scheme" story is ALL the way at the BOTTOM of the "Politics" page!!!
Where it should be way, way up on top.

Guess it's down there because we can't discuss or pick on any GOPteeper candidates children I suppose.

[HBD]

03:52 PM on 11/01/2011

Poor Republican party...

They snatched DEFEAT in 2012 from the jaws of almost certain victory!

BWAAAAAAAHAHAHAHA!!!!!!!!!!!!!!