Ann Romney Trust Invested In Sex Site Backpage.com
ANN ROMNEY TRUST INVESTED IN GOLDMAN SACHS FUND THAT EXITED SEX SITE BACKPAGE.COM
04/03/2012 08:48 am ET
A blind trust in the name of Ann Romney, wife of Republican U.S. presidential hopeful Mitt Romney, was an investor in a fund run by Goldman Sachs Group Inc that had invested in a media company which critics say facilitates sex trafficking.
While there is no suggestion the Romneys knew about the investment, the disclosure highlights the difficulty for politicians and their families when they invest in blind trusts that are supposed to protect them from conflicts of interest and ethical questions.
In Ann Romney’s 2010 tax return, which was made publicly available in January, the trust’s investment in the Goldman fund was reported as showing a $28,226 loss.
GS Capital Partners III invested $30 million in the Village Voice in 2000. This was a fraction of fund’s capital, which totaled $2.78 billion.
Copyright 2012 Thomson Reuters. Click for Restrictions.
http://www.huffingtonpost.com/2012/04/03/ann-romney-trust-goldman-sachs-backpagecom_n_1399204.html
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Source: http://nesaranews.blogspot.com/2016/12/ann-romney-trust-invested-in-sex-site.html
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