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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsREPORT: Biggest Donor To Romney And GOP Did Business With Chinese Mob
The Macau operation has long been under scrutiny but a new in-depth investigation from ProPublica and PBS focused on allegations of improper, and perhaps in some cases illegal, business dealings by Adelsons Las Vegas Sands company in China. While focusing on the possibility that Sands violated the Foreign Corrupt Practices Act with a $700,000 payment to a Chinese associate, PBS also released documents that bolstered accusations of business ties between Adelsons shop and Chinese organized crime figures.
...
Because Nevada gambling authorities forbid doing any business with organized crime, Sandss Las Vegas gambling licenses could hang in the balance. (Adelson and his company refused to comment for the PBS story.) But Adelson has other issues with his China operations.
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Part of Adelsons Chinese dealings, which came under federal scrutiny in 2011, went through a non-profit called the Adelson Center for U.S.-China Enterprise. According to a WikiLeaks cable flagged by Salon, the association, which was meant to facilitate business between the U.S. and China, was shut down by China after some missteps with funds transfer mechanisms used by Sands. Unlike competitors, the cable said, Sands lobbied Beijing directly instead of going through Macau authorities. Adelson and Sands deny any wrongdoing related to the federal investigation.
http://thinkprogress.org/security/2012/07/16/525131/adelson-romney-chinese-mob/
Romney's Bain aligned with the Chinese mob of sorts in the form of a Chinese corporation trying to mob an American one
For years,American workers have worried about losing their jobs to low-cost workers in China. Now a new trend is emergingthat could be nearly as big: Wealthy Chinese companies are coming to the U.S. looking to swallow Americancompanies whole. Maytag Corp., the maker of such quintessentially American products as Maytag refrigerators,Amana microwaves and Hoover vacuum cleaners, disclosed Monday night a $1.28 billion takeover bid from agroup led by Haier America Trading, a unit of Chinas Haier Group.
(David Greising, Chinese Firm Wants Maytag,
Chicago Tribune
, 6/22/05)
Haier Is A Mammoth, State-Controlled Company With Opaque Financial Structures, UndisclosedOwnership Interests, Ties To Communist Party Elites And Manufacturing Facilities In Iran
pg 143 of the McCain opposition file on Romney
http://www.scribd.com/doc/78582788/McCain-2008-Oppo-File
nc4bo
(17,651 posts)Business Nogul/Presidential Candidate Rmoney background is a treasure trove of slime.
And the faucet keeps drippin'.
SunsetDreams
(8,571 posts)the hits just keep coming. Romney American Patriotism is bullshit. As long as he can make money, to hell with America. He would sell us all out for a buck.
Blue Meany
(1,947 posts)with organized crime, if it is owned by them outright. Unless something has changed from when I lived in Hong Kong in the 1990s, they have a very tight reign on things there. What might be a bigger issue for Romney, if anyone ever raises it, is that he is campaigning with money made from gambling, licquor, and prostitution. Last I checked, those were not things that Mormon's were supposed to encourage.
hootinholler
(26,449 posts)Octafish
(55,745 posts)Sheldon Adelson and Weird Willard fit right in.
I being the BFEE, loyal toady of Olympic class authoritarians everywhere.
BamBamBane
(41 posts)Scurrilous
(38,687 posts)aint_no_life_nowhere
(21,925 posts)as a business strategy.
http://www.boston.com/news/nation/articles/2012/06/28/ex_sands_exec_alleges_prostitution_in_macau_sites/
"...The fired former chief executive of Las Vegas Sands Corp.'s Macau casinos alleges in court documents revealed Thursday that billionaire Sheldon Adelson personally approved of prostitution and knew of other improper activity at his company's properties in the Chinese enclave. ..."
(...)
"...In documents revealed Thursday -- including a sworn seven-page declaration that Jacobs submitted along with a summary from his attorneys of problems obtaining documents from Sands -- Jacobs describes an effort he launched after arriving in Macau in May 2009 to rid the casino floor of "loan sharks and prostitution."
"This project was met with concern as (company) senior executives informed me that the prior prostitution strategy had been personally approved by Adelson," Jacobs said in the documents. ..."
SunsetDreams
(8,571 posts)cbdo2007
(9,213 posts)Which obviously makes him a mobster and a terrorist.
SunsetDreams
(8,571 posts)Tarheel_Dem
(31,249 posts)HeiressofBickworth
(2,682 posts)Rachel talked at length about Adelson's dealings in China which are under investigation in the US for violations of the Foreign Corrupt Practices Act. At the end, she said that when Adleson said his funding of the Romney campaign can be considered endless, she linked it to this: If Romney wins, there will be changes in the Department of Justice -- Adelson is planning on that so investigations of his actions will be dropped. Plain and simple, he wants to buy his way out of corrupt practices.
SunsetDreams
(8,571 posts)probably some truth in that theory. He is definitely after something.
calimary
(81,565 posts)I wanna be able to find this later on.
Thanks for posting, SunsetDreams!