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London Fund-Raisers Put Romney in a Scandal’s Glare
London Fund-Raisers Put Romney in a Scandal’s Glare
By MICHAEL BARBARO and NICHOLAS CONFESSORE
They were envisioned as low-key, across-the-pond fund-raisers ...But the two receptions that Mr. Romney, the presumptive Republican nominee, will hold for donors next week during a swing through Europe are turning into an ill-timed public relations headache for him.
Several of the events’ hosts are top executives at banks tied to the interest rate-fixing scandal that is now engulfing London’s financial and political world, linking Mr. Romney, however superficially, to a messy moment in the continuing debate over Wall Street excesses.
The British and American authorities are examining the role of more than 10 banks in the possible manipulation of key interest rates that affected how consumers and companies borrowed money around the world.
The former chief executive and a top lobbyist for Barclays, the bank at the center of the scandal, helped organize a Romney fund-raiser. The former chief executive, Robert E. Diamond Jr., has since withdrawn his name as the event’s co-host. The bank’s lobbyist, Patrick J. Durkin, remains a co-chairman: he has bundled $1.1 million for Mr. Romney from friends and business associates, more than any other lobbyist, according to federal records.
- more -
http://www.nytimes.com/2012/07/20/us/politics/london-fund-raisers-may-put-mitt-romney-in-banking-scandals-glare.html
By MICHAEL BARBARO and NICHOLAS CONFESSORE
They were envisioned as low-key, across-the-pond fund-raisers ...But the two receptions that Mr. Romney, the presumptive Republican nominee, will hold for donors next week during a swing through Europe are turning into an ill-timed public relations headache for him.
Several of the events’ hosts are top executives at banks tied to the interest rate-fixing scandal that is now engulfing London’s financial and political world, linking Mr. Romney, however superficially, to a messy moment in the continuing debate over Wall Street excesses.
The British and American authorities are examining the role of more than 10 banks in the possible manipulation of key interest rates that affected how consumers and companies borrowed money around the world.
The former chief executive and a top lobbyist for Barclays, the bank at the center of the scandal, helped organize a Romney fund-raiser. The former chief executive, Robert E. Diamond Jr., has since withdrawn his name as the event’s co-host. The bank’s lobbyist, Patrick J. Durkin, remains a co-chairman: he has bundled $1.1 million for Mr. Romney from friends and business associates, more than any other lobbyist, according to federal records.
- more -
http://www.nytimes.com/2012/07/20/us/politics/london-fund-raisers-may-put-mitt-romney-in-banking-scandals-glare.html
Just what Romney needed: "ill-timed public relations headache"
Romney loses WaPo fact checker Glenn Kessler
http://www.democraticunderground.com/1002980717
New Bain questions to dog Romney
http://www.democraticunderground.com/1002981220
13 replies
= new reply since forum marked as read
= new reply since forum marked as read
Sweet as...!
going to try to sneak into London.
At least one British journalist will ask him when he's
releasing the tax returns - bet on it. 
