The shit is about to hit the fan for Cruz missile - Ted Cruz Failed To Disclose Ties To Caribbean
Please remember to thank that Jamaican ahole Panton.
http://swampland.time.com/2013/10/18/ted-cruz-failed-to-disclose-ties-to-jamaican-holding-company/#ixzz2i67wBl2r
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In an amended financial disclosure form filed Oct. 1, Cruz said he still holds a promissory note from a Kingston-based company called Caribbean Equity Partners Investment Holdings LTD, worth between $100,000 and $250,000. No company with that name is registered in Jamaica. There is however a dormant Jamaica-based private equity firm called Caribbean Equity Partners Limited of which Cruz was a founding director and preferential shareholder, according to documents filed with the Jamaican government and reviewed by TIME. The firm held $100 million in assets under management in the mid-2000s, according to local news reports, with a focus on service and tourism investments in Jamaica and the Caribbean.
Cruz says he has not had any relationship with the private equity firm since he cashed out an initial investment of $6,000 for a total return of $100,000 a decade ago in a private agreement with his former college roommate, a Jamaican Rhodes scholar named David Panton, with whom Cruz co-founded the firm. Cruz says the agreement yielded him $25,000 in cash and $75,000 in the form of a promissory note on the holding company. The agreement included an oral provision for the accrual of reasonable interest on the debt, Cruz says. He says he initially deferred and then paid capital gains taxes on his profits from the investment.
After inquiries from TIME, Cruz provided a copy of the promissory note, which gives the name of the holding company as CEP Investments Holdings Limited. Cruz says the agreement is effectively an IOU to him from Panton, who is the owner of the holding company. Cruz says that while the holding company operates out of Jamaica, it is in fact domiciled in the British Virgin Islands.
Cruz says he failed to include the promissory note among his assets on his first financial disclosure in July 2012 when he was a candidate for the U.S. Senate because he had forgotten about it. “In 2011, there was an inadvertent omission of this promissory note, and after a conversation with my college roommate I remembered it,” Cruz says. Cruz’s initial filing was made in the heat of his campaign. He was fined $200 for filing the document late.
= new reply since forum marked as read
re citizenship
Watch out for those former Harvard Law Review presidents. You can't trust 'em. 
http://pseps.com/person/David-Panton
David Panton is a partner and co-founder of Navigation Capital Partners. David is the board chairman of Atlanta-based Brown Trucking, a transportation and logistics services provider. He also serves on the board of Atlanta-based Prepaid Solutions, a payments solutions provider, and Atlanta-based Brand Bank, a regional bank. He is a former board member or observer of Atlanta-based Dell SecureWorks (internet security), Dallas-based Exeter Finance (sub-prime auto finance), Atlanta-based Zavata (healthcare business process outsourcing) and Atlanta-based Computerjobs (IT job recruitment firm). Prior to Navigation Capital Partners, David was a vice president at Mellon Ventures, a $1.4 billion private equity firm affiliated with Mellon Financial Corporation, where he focused on long-term growth capital investments and buyouts. David was also the co-founder and managing director of Caribbean Equity Partners, a private equity firm targeting investments in the Caribbean and Latin America. David concentrated on mergers and acquisitions in Latin America while an associate at Morgan Stanley & Co. in New York. David received a Doctorate in management studies from Oxford University, where he was a Rhodes Scholar, a Juris Doctor from Harvard Law School, where he was president of the Harvard Law Review, and a Bachelor of Arts in public policy from Princeton University. David also holds a Professional Director Certification from the American College of Corporate Directors, a public company director education and credentialing organization.
David is an Adjunct Professor at Emory University's Goizueta Business School, where he teaches a course in private equity investing. He is also a member of the Southern 7 Chapter of the Young Presidents Organization (YPO) and a member of Leadership Atlanta (Class of 2012). He was named by Buyouts Magazine as "One of Eight Buyout Pros Under 40 to Watch" (2009) and by the Atlanta Business Chronicle as a one of the "40 Under 40" Rising Stars (2011). Additionally, David has previously served as a Senator in the Upper House of Parliament in Jamaica. Born and raised in Jamaica, David resides in Atlanta.
which I greatly appreciated.
and will be the butt of several jokes to come
destroy Cruz?? Watch the ride and get me some butter 
Jesus no like backstabbing pretend Xtians.
Carribean Cruz
"There is no financial relationship."
Response to Babel_17 (Reply #68)
Response to malaise (Original post)
