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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (110515)8/12/2011 9:36:26 PM
From: puborectalis  Read Replies (3) | Respond to of 224752
 
The new records make clear that Romney is much wealthier than President Barack Obama or any of Romney's GOP opponents. The immense fortune controlled by Romney and his wife, Ann, is worth $190 million to $250 million — within the same range as his 2007 presidential financial disclosure records, his campaign said.

Romney's financial records, submitted Friday to meet a deadline set by the Federal Election Commission and the U.S. Office of Government Ethics, valued his fortune at $86 million to $264 million.

The campaign, however, reported his wealth within a narrower range.

The holdings reflect Romney's success in running a major Boston venture capital firm and his stewardship of his own investments on Wall Street — a strong base in his drive for influential donors and the Republican nomination. But amid a deep recession and populist outrage, Romney's wealth could prove double-edged, as seen in the controversy brewing over his comment Thursday that "corporations are people."

The former Massachusetts governor was criticized by GOP presidential campaign rivals in 2007 because some of his vast array of investments reaped profits from corporations with interests in Iran, China and embryonic stem research. In response, Romney pledged that his financial portfolio "would conform to my positions."