Many corporate executives, at places like Enron and WorldCom, went to jail, in part, for filing false or misleading disclosure documents. It is indeed a potential felony to knowingly sign and submit SEC records with materially false information, such as telling potential investors that a person is in charge when the person is not in charge.
One of the “great secrets” hidden in SEC filings should not be that the guy listed as CEO isn’t really the CEO.
Whether a criminal case can be built upon Bain Capital’s admittedly false filings may be open to question – given statutes of limitations and other issues – but it’s hard to understand how “fact-checkers” would take such a forgiving view of a politician signing false and misleading documents.
What does it say about Mitt Romney that he would repeatedly sign legal documents that contained information that he knew to be untrue – and why would “fact-checkers” defend him for doing so.
Tuesday 17 July 2012
The Romney ‘Fact-Checking’ Scandal ☀
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you know as soon as we pull out it’s going to be a big bloody civil war there. which we are doing anyway. so this seems...
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Many corporate executives, at places like Enron and WorldCom, went to jail, in part, for filing false or misleading...
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