Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Does Romney have a golden parachute for after he loses the election?

Will it be deposited immediately into his Cayman Islands bank account?

15 Answers

Relevance
  • Hobbit
    Lv 7
    9 years ago
    Favorite Answer

    He doesn't need one. Not with all the profits he makes through Bain on slave labor in China, where he outsourced so many American jobs.

  • Ed
    Lv 5
    9 years ago

    a golden parachute for what? I haven't even heard if he'll be accepting a paycheck for being the pres. He didn't take a check for being Gov of MA. he didn't take a check for running the olympics in Salt Lake City. He never took a check for being a Deacon of his church (15 yrs I think it was). There several other jobs that he's done for free; but I can't remember them all.

  • 9 years ago

    He's a multi-millionaire. He really doesn't need the $400,000 per year that the President gets paid. Also, contrary to popular belief, the money given to him to run his campaign by contributors is NOT his money to do with as he chooses. There are all kinds of federal laws that restrict how that money can be used. That's why John Edwards got into so much trouble. He was charged with using his leftover campaign cash to pay off his girlfriend.

  • Kini
    Lv 7
    9 years ago

    A golden parachute is a severence package that is worth a lot of money. He has already parachuted into retirement. He lives off his investments. $21 million last year and shelters his money as you know.

  • How do you think about the answers? You can sign in to vote the answer.
  • 9 years ago

    I am 68, and have voted in every Presidential election I could. BUT, this is the 1st time I will be voting against the man I do not want in the big chair. Not for who I want in that chair.

  • Anonymous
    9 years ago

    Hes simply going to go home to his Presidential Suite, In the Caymans, and count the money he got from suckers.

  • 9 years ago

    I don't get people taking shots at Romney for having money.

    Oh wait, yes I do, you're all brainwashed stupid enough to think that Obama actually relates to you somehow as he goes on yet another vacation and counts his own stacks of cash.

  • 9 years ago

    Spiteful rhetoric is a poor substitute for political understanding.

  • Bill
    Lv 7
    9 years ago

    He doesn't need a parachute. He owns a plane.

  • 9 years ago

    Well, we know Obama has one after HE loses the election.

Still have questions? Get your answers by asking now.