Saturday, August 18, 2012

What's Adelson Buying?

With all the cash Sheldon Adelson is spending on Romney/Ryan investment you can't help but wonder what kind of return he's expecting. A war with Iran is probably a given. A little help with the US attorneys might be a consideration, too.

Federal authorities are investigating whether Las Vegas Sands Corp. and several of its executives violated money-laundering laws by failing to alert authorities to millions of dollars transferred to its casinos by two Las Vegas high rollers, according to lawyers and others involved in the matter.

The U.S. attorney's office in Los Angeles is examining the casino company's handling of money received several years ago from a Mexican businessman later accused of drug trafficking and a former California executive subsequently convicted of taking illegal kickbacks, according to the people involved.

And this,

The probe comes as the casino giant, controlled by billionaire Sheldon Adelson, faces possible legal trouble on another front. U.S. authorities are also investigating whether Sands violated U.S. antibribery laws in its operations in the Chinese territory of Macau...

Maybe ought to save some of the money he's putting into the Romney campaign and earmark for his defense fund.

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