Mitt Romney may have breached ethics laws through company linked to Paul Ryan's brother

[Tx4obama]

The Republican presidential candidate appears to have profited from a marketing company that was contracted by the state of Massachusetts after receiving $5 million (£3.2 million) in financial backing from Bain Capital, Mr Romney’s investment firm.

One of his vice-presidential candidate's brothers, who is a former Bain consultant, was at the time of the investment a senior executive at the marketing company, Imagitas, which was co-founded by another former Bain executive.

Both Mr Romney and Tobin Ryan, who omits his work at Imagitas from his corporate biography, also apparently stood to benefit from the $230 million (£146 million) sale of the company in 2005, while Mr Romney remained in office.

Massachusetts law requires that all state employees divest themselves of financial interests in private sector contracts with state agencies. At the time, failure to do so could have resulted in a $2,000 (£1,273) fine or a 2.5-year prison sentence. The potential punishments are now stronger.

-snip-

http://www.telegraph.co.uk/news/worldnews/us-election/9483845/US-election-Mitt-Romney-may-have-breached-ethics-laws-through-company-linked-to-Paul-Ryans-brother.html

[pnwmom]

1. Thanks! nt

[russspeakeasy]

2. What ? NOOOOOOOOOO ! Just when his campaign was

taking off....

[progressivebydesign]

6. Yes... taking off. Like this?

and we all know how that turns out.

[russspeakeasy]

7. Excellent !!!!!!!!!!

[factsarenotfair]

3. I'll bet you that's just the tip of the iceberg.

And a preview of what Mitt plans to do if elected President.

[summerschild]

4. Wonder if this came to light due to new vetting of Ryan or from continued investigation of Bain?

[progressivebydesign]

5. Of course this is not in the American media... do you think they'll pick it up?

Perhaps Maddow will do something on this, and eventually it will trickle down to the MSM?

As the freepers would say "this is HUGH!!!"

And you WONDER if THIS is somewhere in the tax return debacle for Mitt?