Mitt Romney’s $250m fortune was built by two of England’s most disreputable business figures

DANIEL MILLER
UK Daily Mail
July 21, 2012

Presidential hopeful Mitt Romney built his $250 million fortune with the help of two of Britain’s most disreputable business figures – Guinness fraudster Jack Lyons and crooked newspaper boss Robert Maxwell.

In the 1980s both men invested large sums in the Republican candidate’s first private equity fund, started during his years at Bain & Company, which launched his now highly controversial career in finance.

Romney is under increasing pressure to release details of his business affairs including tax returns for the years before 2010 and details of offshore holdings, including a Swiss bank account.

Flamboyant publishing tycoon Maxwell was the former head of the left-wing Mirror Group newspapers and a one-time owner of the New York Daily News.

He died in mysterious circumstances in 1991 at the age of 68 after falling overboard from his luxury yacht off the Canary Islands after which it was discovered he had plundered hundreds of millions from an employee pension scheme.

Full article here

This article was posted: Saturday, July 21, 2012 at 1:40 am

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