Millions & tens of thousands of Bain shares to the LDS chruch..(via foreign stash)

[SoCalDem]

this from ABC in January ( primary nonsense made it disappear)


must watch..


http://abcnews.go.com/Blotter/mitt-romney-millions-mormon-church/story?id=15380149#.UAA8yJGG5ae



By MATTHEW MOSK (@mattmosk) and BRIAN ROSS (@brianross)
Jan. 18, 2012

Underscoring the prominent, if little discussed role that Mitt Romney played as a Mormon leader, the private equity giant once run by the GOP presidential frontrunner carved his church a slice of several of its most lucrative business deals, securities records show, providing it with millions of dollars worth of stock in some of Bain Capital's most well-known holdings. Romney has always been a major donor to the Church of Jesus Christ of Latter-day Saints, which requires that members "tithe," or give 10 percent of their income to the church. His family charity, called the Tyler Foundation, has given more than $4 million to the church in the past five years, including $1.8 million in 2008 and $600,000 in 2009. But because Romney, whose fortune has been estimated at $250 million, has never released his personal tax returns, the full extent of his giving has never been public.

Newly uncovered stock contributions made during Romney's Bain days suggest there is another dimension to Romney's support for the church -- one that could involve millions more than has been previously disclosed. As part of just one Bain transaction in 2008, involving its investment in Burger King Holdings, filings with the Securities and Exchange Commission reveal that an unnamed Bain partner donated 65,326 shares of Burger King stock to the Church of Jesus Christ of Latter-day Saints, holdings then worth nearly $1.9 million. And there were numerous others, giving the church a stake in other Bain properties, such as Domino's Pizza, the electronics manufacturer DDi, the phosphates company Innophos Holdings, and Marquee Holdings, the parent to AMC Theaters.

The Republican presidential candidate's campaign staff confirmed that some of the stock transactions were at Romney's direction, but they would not say which ones. "Mitt Romney has publicly stated that he regularly tithes to his church," said Andrea Saul, a Romney campaign spokeswoman, when asked about the Bain contributions. "Some of those church contributions have come through the Tyler Foundation. Others have been donations of stock through Bain. Any shares donated by Mitt Romney are personal shares owned by him

snip

[Arugula Latte]

1. Sickening.

I wonder how much of that $ went to fund Prop 8?

I don't know which I despise more, big business or organized religion. Often they're one and the same.

[riverwalker]

2. so his church gets his money

but not his country. The magic underwear fund takes priority over taxes which pay for veterans disabilty benefits and medical care.

[global1]

3. In This Case "Tithing" Is Just Code For......

money laundering and under the table dealings.

Rmoney will hide behind the 'tithing' meme but it just seems like a dirty money scheme to me.

Some promising investigative reporter needs to sniff around the holdings of the LDS/Mormon church and see what's going on behind the scenes.

Freedom of Religion is a good hiding place and it provides cover for a lot of underhanded dirty money schemes.

[Wellstone ruled]

4. Thank you for chasing my little tid-bit.

Now,your on to the real story,and the Temple Square people will be in full damage control this afternoon. Just check the SLC Tirb and The Desert News sites. Check the comments,their sh*t crazy already. The flood gates are leaking and they are already crying persecution.

Same sh*t just a new day in Utardland.

[Bluenorthwest]

5. This is why the moment he was the presumptive nominee, people started lecturing that we must

not speak of his religion while others were saying we must not criticize his business dealings. Interesting.

[DemocratsForProgress]

6. Excellent point!

Interesting, indeed.