Mitt Romney Destroyed Many Lives in His March To the Top of the 1%

Mitt Romney May Be Responsible For Much More Than Fraud

Graphic by www.bankruptcymisconduct.com

There are allegations of murder and mayhem in addition to the breaking of federal racketeering laws.
The case number is 2:13-cv-07738 and will be tried in the Los Angeles Division of the Federal District Court, located on Spring Street in downtown Los Angeles. Stay tuned says Ann Werner in a Liberals Unite Article on December 30, 2013

Werner reports that a lawsuit, Haas v Willard "Mitt" Romney leveling racketeering charges Filed on October 18 in Los Angeles, CA, in an ironic twist of fate it was decided on November 6, the one-year anniversary of Romney's ’s loss to Barack Obama, that the lawsuit could go forward.

In an article by Matt Taibbi of Rolling Stone Politics back on August 29, 2012 (before the 2012 Presidential election) they explained some of what Mitt Romney is truly about. "Mitt Romney, it turns out, is the perfect frontman for Wall Street's greed revolution. He's not a two-bit, shifty-eyed huckster like Lloyd Blankfein. He's not a sighing, eye-rolling, arrogant jerkwad like Jamie Dimon. But Mitt believes the same things those guys believe: He's been right with them on the front lines of the financialization revolution, a decades-long campaign in which the old, simple, let's-make-stuff-and-sell-it manufacturing economy was replaced with a new, highly complex, let's-take-stuff-and-trash-it financial economy. Instead of cars and airplanes, we built swaps, CDOs and other toxic financial products. Instead of building new companies from the ground up, we took out massive bank loans and used them to acquire existing firms, liquidating every asset in sight and leaving the target companies holding the note. The new borrow-and-conquer economy was morally sanctified by an almost religious faith in the grossly euphemistic concept of "creative destruction," and amounted to a total abdication of collective responsibility by America's rich, whose new thing was making assloads of money in ever-shorter campaigns of economic conquest, sending the proceeds offshore, and shrugging as the great towns and factories their parents and grandparents built were shuttered and boarded up, crushed by a true prairie fire of debt."

Photo by underthemountainbunker.com

Furthermore, he wrote:  Mitt Romney – a man whose own father built cars and nurtured communities, and was one of the old-school industrial anachronisms pushed aside by the new generation's wealth grab – has emerged now to sell this make-nothing, take-everything, screw-everyone ethos to the world. He's Gordon Gekko, but a new and improved version, with better PR – and a bigger goal. A takeover artist all his life, Romney is now trying to take over America itself (remember this is from August 2012.) And if his own history is any guide, we'll all end up paying for the acquisition.

In an PoliticusUSA Article on November 23, 2012, by RMuse, he explains what actually happened during the liquidation of eToys in their bankruptcy proceedings where Steven "Laser" Haas was the court appointed fiduciary charged with overseeing the liquidation of eToys:

The giant in this case is Willard Romney’s Bain Capital and their surrogate bankruptcy fraudsters, and the individual battling them for nearly twelve years is Stephen (Laser) Haas, the man hired to liquidate assets in the eToys bankruptcy case. As liquidator, Haas was an officer of the court and head eToys executive with authority to sell the company and its assets to satisfy debtors’ claims while leaving the creditors with no outstanding debt, and to give shareholders relief instead of losing their investments. However, in the course of his duties to maximize returns with minimum expense for the eToys bankruptcy estate, Haas discovered hidden overseas assets, unaccounted for inventory, and that most likely the company was not broke and should not be in bankruptcy.

As an eToys executive, Haas had a legal and fiduciary responsibility to report his discoveries to eToys estate managers and lawyers, and instead of gratitude for doing his job well, he was asked to betray his client for the sake of his future in the liquidation business. When Haas refused the offer to look the other way and allow eToys to be gutted and sold to Bain Capital for free, a Bain Capital surrogate installed his business partner and co-conspirator in other bankruptcies to replace Haas, and colluded to annul a court-approved contract to pay him. As an officer of the court, and 18 USC § 4 – Misprision of felony, Mr. Haas, having knowledge of the commission of a felony had a duty, as soon as possible, to make known the same to some judge or other person in civil authority and if he failed to do so, he risked being fined or imprisoned not more than three years, or both. Haas fulfilled his legal duty and reported the malfeasance to the proper authorities.

In this David vs Goliath case the behemoth has a lot of friends. To slow the underdog down on these charges of fraud and misconduct the President, at the time this had begun, George W. Bush, appointed a Bain Capital lawyer as U.S. Attorney. Now THAT'S having friends in high places. RMuse went on to say that "Shortly after reporting the crimes, in August 2001, George W. Bush appointed another Bain Capital lawyer as U.S. Attorney and he refused to investigate or prosecute the crimes throughout his tenure; despite the U.S. and former Bain attorney’s malfeasance, Haas continued fighting for eToys shareholders and to bring the criminals to justice. During his long battle, Haas discovered attorneys representing the creditors and debtors worked for the same giant (Bain Capital) in the eToys bankruptcy and committed perjury by deliberately failing the mandate to disclose conflict of interest. In what can conservatively be called racketeering, fraud on the court, and miscarriage of justice, the court failed to prosecute or report the crimes then, and continues protecting Bain Capital and its surrogates as recently as last week when the eToys judge postponed a hearing to remove the fraudulent eToys manager in another curious miscarriage of justice."

In America, whistle-blowers always pay a steep price for exposing malfeasance, and this case is no different regardless the law is in Haas’s corner. The judge in the bankruptcy case however, is not, and it is extremely suspicious that despite sworn confessions by Bain’s attorneys and surrogates that they committed perjury on the witness stand, the judge fails to hold them accountable, or fulfill her legal responsibility and report the crimes  according to 18 U.S.C. §3057(a) . It says, “Any judge, receiver, or trustee having reasonable grounds for believing that any violation under chapter 9 of this title, or other laws of the United States relating to insolvent debtors, receiverships or reorganization plans on destruction of bankruptcy records; [§3284 on concealment of bankrupt's assets] has been committed, or that an investigation should be had in connection therewith, shall report to the appropriate United States attorney all the facts and circumstances of the case, the names of the witnesses and the offense or offenses believed to have been committed.” Bankruptcy judges cannot prosecute civil crimes, but they are required to report them. The eToys judge continues to shirk her legal duty and report the case regardless numerous egregious offenses of perjury and court approved destruction of eToys books and records. Despite Mr. Haas filing motion after motion pleading for the court to do its job, Bain Capital’s surrogates continue to go unpunished or even reported to the U.S. Attorney as required by law.

Bain's attorneys have admitted that they committed perjury on the witness stand, the judge fails to hold them accountable, or fulfill her legal responsibility and report the crimes  according to 18 U.S.C. §3057(a) . How is the judge able to get away with this? This even goes passed the two standards that we all know exist, especially after a 15 year-old was allowed to get away with killing 4 people and claiming an "Affluence" defense recently. He received probation and no jail time because he grew up in a rich family. This is a judge refusing to obey the law she took an oath to uphold!

In a Press Release published by The Democratic Underground the "Nature of Proceeding says "The case, initially held up several days for review, is now formally titled “HAAS v ROMNEY” and is assigned docket number 2:13-cv-07738 in the Los Angeles Division of Federal Dist. Ct.

Concerning Romney’s tenure as CEO of Bain Capital in 2001, CLI’s CEO Haas 1st Amended Complaint claims to clarify some of the mystery behind Mitt’s “retroactivity” lies upon Romney’s sworn under Penalty of Perjury Fed Election Campaign Finance OGE 278 Form.

Civil Racketeering complaints permit a citizen plaintiff to become a “Private Attorney General” to address federal corruption issues that create “Prosecutorial Gaps”. Plaintiff Haas claims prosecution gaps immensely exist. The 1st Amended Complaint reveals details of possible federal corruption concerning Bain Capital’s MNAT law firm arranging for one of their own (Colm F Connolly) to become the Delaware United States Attorney on August 2, 2001.

Summons Issued for Mitt Romney, Sachs, Colm Connolly, Michael Glazer, Paul Traub and Bain Capital"

I am not posting this article because I derive pleasure in seeing someone's downfall. I do get some pleasure out of seeing people who hurt other people come to justice. It is quite evident that the Associates at Bain Capital made their money by taking over companies, borrowing on it's assets, paying themselves millions of dollars in fees, and then liquidating the companies, leaving others to pay the debt they created to pay themselves all those fees. In the process of this "Vulture Capitalism" scheme they hurt real people. Many people lost their jobs, many lost their savings, retirements, and way of living.  

I really hope Mr. Haas' 12 year effort to bring these vultures to justice pays off, and all the corruption that exist to protect the ultra-rich, doesn't prevent Mr. Willard "Mitt" Romney from not only paying back ALL the money in this case but "GOES "RIGHT THE {explicative} to JAIL! (to borrow one of the best lines in a movie ever)