John Nichols: Activists up the ante on Romney's London fundraiser

[hue]

http://host.madison.com/ct/news/opinion/column/john_nichols/john-nichols-activists-up-the-ante-on-romney-s-london/article_0ed4aff8-d71e-11e1-a583-0019bb2963f4.html

Mitt Romney will show his true colors tonight, when he slips behind closed doors in a foreign city to collect money from international bankers who are mired in scandal.

Romney, whom fellow Republicans describe as a "vulture capitalist," may be in London to cheer on the U.S. team in the Olympics. But when it comes to economics, his loyalty does not appear to be to Team USA. Rather, it's to the banking-industry insiders who know no country -- and, it would appear, know few ethical bounds.

London is abuzz over the LIBOR (London InterBank Offered Rate) scandal, which saw some of the biggest banks in the world report false interest rates in order to fool investors and game the international economy. Bob Diamond, the top man in Barclay's Bank, had to resign from his position after than bank paid almost $500 million in fines.

Diamond also resigned as the co-chair of Mitt Romney's $75,000 a person fundraising event in London tonight.

[longship]

1. This isn't good for Mittster

R&