|FALSE: Mitt Romney has been charged with ethics violations by the federal government.|
|TRUE: The United Auto Workers (UAW) and several other organizations have requested a federal investigation of Mitt Romney's financial disclosures.|
Example: [Collected via e-mail, November 2012]
BREAKING: Romney facing federal ethics charges. YES. This is REAL.
On Monday, Mitt Romney is expected to face charges for ethics violations and profiteering with regard to his involvement with the 2009 government bailout of the auto industry.
Origins: On 1 November 2012, five days before the U.S. presidential election, the United Auto Workers (UAW) and several other organizations sent a letter to
In a press release about the letter, the UAW stated:
A letter sent to Don W. Fox, general counsel of the Office of Government Ethics, states that Gov. Romney "has not even attempted to meet the requirements for a federal blind trust with respect to his substantial equity holdings. The only way for this law to be enforced in a meaningful way is for your Office to act promptly to
The letter was sent by Citizens for Responsibility and Ethics in Washington, People for the American Way, Public Campaign, Public Citizen, SEIU, UAW and The Social Equity Group, and it follows up on a previous letter sent to the Office of Government Ethics on
"The American people have a right to know about Governor Romney's potential conflicts of interest, such as the profits his family made from the auto rescue," said UAW President Bob King. "It's time for Governor Romney to disclose or divest."
The groups believe that Romney’s undisclosed stock holdings create serious conflicts of interest. They point to the auto loans as a key example. The Nation recently reported that the Romney family personally profited by at least
Romney profited from his family's investment in Delphi Corp. at the expense of the Delphi workers. Other unreported investments that could create conflicts of interest include controversial holdings in Sensata and Global-Tech.
Last updated: 5 November 2012