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NEW SCANDAL: Romney: Oversaw Marriott during years of kickback charges
More scrutiny for Romney: Overseeing Marriott during years of kickback charges
Mitt Romney's service on the board of Marriott International has come under scrutiny in a story published Thursday by 100Reporters, a new investigative reporting group.
Business reporter Lucy Komisar reports:
“Mitt has been an active, hands-on director.”
Mitt Romney, who makes his hands-on business experience a talking point in his campaign for the Republican presidential nomination, was a member of the board of directors and audit committee of a global company when it paid millions of dollars to settle charges of extracting kickbacks that cheated clients.
As a board member, Romney held oversight responsibilities at a time when Marriott was repeatedly accused of obtaining secret rebates that enriched Marriott, at the expense of hotel owners who had contracted with Marriott to run the hotels on their behalf. A series of owners also accused Marriott of falsifying financial statements to owners to conceal the arrangements—charges that Marriott had denied.
the rest:
http://100r.org/2012/01/romney-on-board/
Mitt Romney, who makes his hands-on business experience a talking point in his campaign for the Republican presidential nomination, was a member of the board of directors and audit committee of a global company when it paid millions of dollars to settle charges of extracting kickbacks that cheated clients.
As a board member, Romney held oversight responsibilities at a time when Marriott was repeatedly accused of obtaining secret rebates that enriched Marriott, at the expense of hotel owners who had contracted with Marriott to run the hotels on their behalf. A series of owners also accused Marriott of falsifying financial statements to owners to conceal the arrangements—charges that Marriott had denied.
the rest:
http://100r.org/2012/01/romney-on-board/
On personal and political levels, however, bonds between the Romney and Marriott families run deep. The company founder J. Willard Marriott was close to Romney's father George. Both families are important in the Mormon Church. Romney was named Willard (the W. in his name), in Marriott's honor.
the rest:
http://openchannel.msnbc.msn.com/_news/2012/01/18/10183455-more-scrutiny-for-romney-overseeing-marriott-during-years-of-kickback-charges
6 replies
= new reply since forum marked as read
= new reply since forum marked as read
This is 100% speculation but I will bet anybody $10,000.00 that Mitt was paid
in stock at times and then would take the stock as "tax deferred income" aka
he did not pay tax on it at that time but when the stocks matured he would "give
the stocks" to the Mormon Church and then write them off as a loss or as a charitable
contribution to the church.
Please make this turd the nominee.
