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Does Romney Have an In-Law Problem?

Romney's rise in business and politics has been serving as a marketing bonanza, his wife's closest relatives are Utah businessman who already benefit from, and is said to connect transactions presidential candidate even if they suffer from an inherited embarrassing business and legal issues.
Anluo Romney's younger brother, Roderick Davis, filed for bankruptcy in 2010 and nephew Ryan Davis, who oversaw the now bankrupt green energy companies, support for Romney during the campaign. But back to Utah, two people have left their footprints, and some of them speak with ABC News expressed concern that the two might try to take advantage of a Romney presidential unpleasant business partners.
Andy Neff, a Florida financial adviser who said he lost a top clients and his own savings investment in Ryan Davis of the ill-fated solar energy companies, said Davis repeatedly to ensure he, he famous uncle gloves guiding him, until, until his company to apply for bankruptcy.
"Quite honest with you," Neff said, "If you are the President of the United States, you should make sure that all your family to do the right, moral thing, rather than the hard-working people, such as the use of me and my money. '
Both said to peddle the suitor business partners in their family connections - Neff pointed, Ryan Davis had told him a potential investor to stay Romney's Park City Building (although she never did not do) when she went to the Sundance Film Festival in Utah. Davis also told potential customers, in a public speech, Romney's son, Josh, is a vice president of a company, For his Utah Clean Energy Company, Renewable Energy Development Corporation (REDCO).
ABC News emailed the Romney campaign activities, the role of Josh - Romney REDCO, Davis phoned and said he made a mistake.
"This is my wish what happened," said Ryan Davis. "Josh has no effect REDCO I should not have said he did."
Nothing new presidential politics in the the few ramshackle family tree branches. Bill Clinton's brother in law flow unflattering headlines and Neil Bush, Billy Carter, Donald Nixon in his term of office, all found notoriety when their brother moved into the White House.
ABC tried to contact Roderick Davis, at the phone number listed, and through the campaign, but can not reach him. Ryan Davis, ABC News last week published a brief speech, he tried to clarify the role of Josh Romney in his company, but he did not respond to leave this week, a follow-up message.
Romney's campaign will not discuss his efforts to help him with their various commercial enterprises in the legal, but through interviews and public records, ABC News found sufficient evidence, the presidential candidate made repeated efforts to assist them, even if these efforts sometimes ended serious.
In January, the Wall Street Journal reported that Romney presence 外拍 company wants to sell customized doll, who buy their child looks like Bain Capital investment driven. Lifelike Co., Ltd., the company, called the doll "My Twinn." In 1996, Bain Capital down to sit on the Board of Directors of the Company of $ 2,100,000 realism Limited and Romney. Shortly after Roderick Davis was hired, and became vice president of a company. Former CEO Kenneth · Thiess, lifelike, said in an interview with reporters, Davis told potential suppliers, through him, they are to establish a link to a future President of the United States.
Davis left the company in 2003, and caustic legal entanglements with other management staff of the company - they accused Davis trying to steal their idea and start a rival doll company is involved. Pause force really declared bankruptcy in 2004.
Davis told the Wall Street Journal, "the charges against him are" false ", saying:" When the company closed down, a lot of recriminations. "
Bain Capital troubled Internet startup, hired Ryan Davis 1997-2001 Utah company is found that the company was struggling, and later purchased by another company. He said, he wrote in the resume Davis announced another corporate publicity materials, to help find the company raised more than 46 million U.S. dollars of private equity Bain Capital (Bain Capital), Accel Partners, Kohlberg, carat Davis Roberts, Sun Microsystems and others. "
Romney continue to look for opportunities in the law of their famous relative orbit. Although he led the Salt Lake City 2002 Winter Olympic Games Organizing Committee, the organization hired a fledgling company, helps oversee Ryan Davis, 02 blue. The company to help purchase and sale of mobile emissions credits, and Davis told ABC News that he hopes the Olympics will be his company on the map. No - not long after the company closed its doors. Davis told ABC News, he landed the Olympics contract, but with the help of his uncle. "He said," It is not I go directly to him about anything.
Romney made his first bid for president in 2007, his campaign hired rod Davis's imports, resources are limited liability company in Asia, the company provides a portrait made of the candidates shook his head doll. Federal Election Commission records show that resources activities in Asia to pay $ 30,000, according to a review of the response to the political center. Romney fundraising Spencer, Zwick signed the letter, along with the doll, they sent scores of donors as appreciation. "Zwick called shaking his head doll" can not shop collectibles.
Roderick Davis, the development of green energy companies to determine their own online resume title business, launched in 2008, his son, Ryan, known as REDCO. Ryan obviously is quick to peddle his Romney-connected, even without the help of his family coming, according to Davis, former clients and investors. The REDCO business, to fund alternative energy projects, such as wind and solar power generation equipment. In 2009, Davis, a small needle, in California's Mojave desert town, municipal officials on the pitch in the rays of the sun transformed into a new method of energy conversion. This is a needle in a slide presentation of the Council by the requirements of the public record, from the city, Davis to determine his Utah company's business development vice president Josh Romney.
A top pin official told ABC News, Davis repeatedly quoted him Mitt ? Romney (Mitt Romney), and these connections bring credibility Davis.
"It is my personal hope that if we build it, Mitt Romney will come here to the help politicians here to draw attention to, so that we can create more like it, but obviously, this never happened , "the official said, and asked his name, because the city signed an agreement not to belittle REDCO, he did not speak publicly about the matter, and can not be used.
Davis also touted Josh Romney purported to August 17, 2009 e-mail to the investors to participate in the ABC News, said Romney will become the company's business development consultant. "Davis, Ann Di Neff, a childhood friend, said he put $ 150,000 of their own money to REDCO Mitt Romney impression may find Davis' shoulder. The husband also said he persuaded one of his biggest clients, investment far more than $ 600,000, he said he did not expect my clients, or even talk to him, if he is not related to Mitt ? Romney ( Mitt Romney). "
"This is a way, how can you go wrong, such people watching their nephew?" Davis said.
The needle the purpose of the project is the the REDCO maximum return. The idea was to fill the huge tower dozens of acres of Mojave Desert land, in every breakthrough with an array of molded plastic pane aimed as a solar collector panels. The technology is a self-taught Utah Neldon Johnson, he had described his creation, the inventor's effort inspired by God and crystallization. Davis can be seen, needle technology touted as a cutting edge, and promised that the city will go in front of the City Council meeting on video.
"We will have a fairly large crane in here for some time," Davis told Parliament, and commitment is about to begin construction on the tower in a parliamentary session.
In 2009, the city signed a power purchase agreement with REDCO. But the tower never reached, the deal eventually fell apart.
What remains unclear. Outdated technology, the inventor of the Johnson told ABC News that he still believes it works. He accused Davis failed to attract enough investment in the completion of the project. He said he has hope that the relationship between Davis, Romney will one day be on the map of his invention.
"When you have a good name in the family, we thought it would be a good connection for us," Johnson said. "If it developed into a positive correlation between Ryan, this may bleed more than into Romneys other relationship, you know?"
Davis told ABC News problem is the high cost of the technology. He said, due to the rising price of solar tower, financial data show that the project will be under water, then start.
Serious doubts needle officials told ABC News the experience technical and Davis, they're gone. Time in the city, has been a serious financial constraints, where officials say the city has to eat the cost of approximately $ 100,000 and failed the REDCO processing, mainly legal fees.
Earlier this year, REDCO filed for bankruptcy protection. In June, the court-appointed bankruptcy trustee submitted to the court proceedings, Davis, to return $ 179,000 he allegedly borrowed from the company. What's bankruptcy trustee called "cash disbursements lack of support" to take the form of money from the company account. Former company lawyer Sean MacBride said Davis "inappropriate to take the money." December 16, 2011, after a member of the Board of Directors of the Company, found that expenditure, McBride said, wearing Davis was asked to sign a promissory note, has agreed to repay the money.



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