Real-Time Quote
Quote | News | Chart | Details
SLB News & Analysis
Romney Stock Trades Clash With Divestment Pledge
02 Feb 2012 EST - The Associated Press
Page 1 of 7 | Next Page
Show Entire Article

During his presidential campaign in 2007, Republican candidate Mitt Romney promised that a trust overseeing his financial portfolio would shed any investments that conflicted with GOP positions toward Iran, China, stem cell research and other issues.

But Romney's family trusts kept some of those stocks and repeatedly bought new investments in similar holdings as recently as 2010, when they were sold in advance of his latest White House campaign, a detailed review of Romney's financial records by The Associated Press shows.

Recently disclosed 2010 tax returnsfor three family trust funds for Romney, his wife, Ann, and their adult children show scores of trades in such investments, worth more than $3 million when the holdings were all sold in 2010.

A Romney campaign spokeswoman, Andrea Saul, said the former Massachusetts governor has no control over the investments made by his blind trust but the trustee has tried to manage the trades "in a manner consistent with Gov. Romney 's publicly expressed positions."

Page 1 of 7 | Next Page
Show Entire Article
SLB News & Analysis
Real-Time Quote
omniture pixel