Creating Large IRA Balances by Manipulating Stock Values, Example YELP, Par Value .000001

In 2012 I reviewed Mitt Romney's IRA for Mark Maremont of the Wall St. Journal, explaining the mechanics regarding how he amassed $100 million in this tax deferred account.  This and related follow up stories in other publications after Maremont broke the story prompted the Senate Finance Committee to commission the Government Accounting Office (GAO) … Continue reading Creating Large IRA Balances by Manipulating Stock Values, Example YELP, Par Value .000001

The Wall Street Journal Confirms Parish & Company Analysis of Bain Capital Profit Sharing Plan and Romney IRA

Pulitzer Prize winning reporter and senior editor Mark Maremont of the WSJ wrote the following two stories, explaining how Presidential Candidate Mitt Romney built his IRA to as much as $100 million. Both stories were based upon original Parish & Company analysis.  The purpose of this analysis is not to directly disparage Romney but rather … Continue reading The Wall Street Journal Confirms Parish & Company Analysis of Bain Capital Profit Sharing Plan and Romney IRA