WASHINGTON -- Mitt Romney released his personal financial disclosure form for 2011 late on Friday, publicly revealing a host of transactions involving Bain Capital and Goldman Sachs for the first time.
Romney's 2010 tax return had pegged the presumptive Republican nominee's net worth at somewhere between $190 million and $250 million, but the newly released disclosures shine more light on where and how Romney makes his fortune.
According to the disclosure form, Romney's most lucrative assets in 2011 were his investments in Bain Capital. Nineteen different Bain investments are worth a total of at least $4.5 million, but are likely far more valuable because two of those assets are simply described as worth more than $1 million. Federal disclosure rules do not require candidates to list the precise value of assets or earnings, instead relying on broad ranges of wealth.
One can thus calculate a range for how much Romney earned from Bain and other holdings in 2011. Over the course of last year, the former Bain Capital CEO took in somewhere between $720,000 and $6.26 million from holdings in the firm. Money managed by Goldman Sachs was good for at least $1,113,503.01, with the gain on one Goldman fund classified simply as "over $1,000,000." In addition, he received between $100,001 and $1,000,000 from the sale of an asset portfolio managed by Goldman Sachs.
Romney also earned $260,389.74 in 2011 from stock awards he received for serving on the board of Marriott Hotels in 2009 and 2010 (Romney's first name, Willard, was inspired by Marriott founder J. Willard Marriott, a close friend of the former Massachusetts governor's father). Royalties from his book, "No Apology: Believe in America," were good for between $50,001 and $100,000. On Sept. 12, 2011, he received between $201 and $1,000 from The New York Times for an op-ed he wrote.
Romney received between $571,666 and $1,768,500 from the sale of various stocks during the year.
Speaking fees were another big income source, with four talks bringing in a total of $189,975, including a $68,000 speech at GoldenTree Asset Management, a $42,500 talk at Barclays Bank, and another $68,000 speech before the International Franchise Association.
Romney owns between $250,001 and $500,000 in gold. He made less than $201 from those holdings last year.
The median household income in the United States at the close of 2011 was $51,413.
View Romney's financial disclosure form in its entirety here.
The first pilot wastewater treatment plant with integrated wood production opened in MongoliaPublic release date: 31-May-2012 [ | E-mail | Share ]
Contact: Tilo Arnhold presse@ufz.de 49-341-235-1635 Helmholtz Association of German Research Centres
UFZ researchers are developing new concepts for the combination of ecological wastewater treatment and energy production
This release is available in German.
Darkhan/Leipzig. Long winters with low temperatures of -40C and extended hot and dry periods with sand storms are significant challenges for people and infrastructure in Mongolia. Funded by the German Ministry of Education and Research (BMBF) the MoMo - project (Integrated Water Resource Management in Central Asia: Model region Mongolia (MoMo) is focused on identifying appropriate water management solutions to the vast and sparsely populated and resource rich nation.
One task of the researchers is to identify an integrated concept for decentralised wastewater treatment and to test it in local Mongolian conditions. Last week the decentralised wastewater pilot plant with integrated wood production was commissioned and handed over to the Mongolian University of Technology in Darkhan. The innovative concept was developed with the cooperation of Mongolian and German partners in order to contribute in solving the following three problems that face Mongolia: the lack of appropriate sanitation; increasing water scarcity and deforestation caused by a high demand of heating materials.
Yurts, yaks and Chingis Khaan, these are the fist things that come to mind when you think of Mongolia. This vast country with the lowest population density world wide is a land of contrasts. Since political change in the 1990's a third of the population have lived in poverty. Recently, mining activities have lead to an increase in economic growth. This increased wealth can be seen in the urban centres while significant poverty issues persist in the fast growing suburbs as traditional herders choose to migrate to move away from their traditional lifestyle.
This dynamic change in population pattern is a challenge to infrastructure delivery including appropriate sanitation in the urban and peri-urban areas. Meanwhile the poor status of the existing sanitation systems represents serious risks for environmental and human health.
Professor Dietrich Borchardt (MoMo-project leader, UFZ) and Prof Dorlingsuren Lkhanag, the director of the MUST University opened a research pilot plant which is a component of the second phase of the MoMo research project. The project involves researchers, private organisations and Ministerial Departments from Mongolia and Germany to develop an integrated water resources management concept for the Kharaa basin.
The basin lies in the north of Mongolia and incorporates the city of Darkhan which has a very low annual level of precipitation of 280 mm. Continued logging and grazing pressure is leading to increased deforestation in the region. Willow stands along the Kharaa river floodplain have been heavily impacted, which has lead to the loss of important ecological services.
The harsh Mongolian climate provides several significant challenges to drinking and wastewater infrastructure with pipework required to be between 3.5 and 4.5 m below surface in order to avoid freezing. In addition, the biological treatment step common too many conventional wastewater treatment plants require heating or additional housing. This leads to significant cost increases, which are often unaffordable in Mongolia.
This combination of environmental, social and demographic conditions together with old and unreliable infrastructures represents a large challenge for the development of appropriate wastewater treatment technologies.
The proposed solution of the research group from Leipzig is to pre-treat wastewater for irrigating and the production of willow trees. The irrigation of such rotating coppice is an integral part of the treatment process while also providing an important resource. There are large amounts of available space in Mongolia which can be used for the treatment of wastewater from suburbs or small settlements. The research program focuses on water quality requirements for sustainable irrigation which considers risks associated with groundwater and soil contamination. The research also considers the extreme climatic conditions such as the storage of the irrigation water and the operation of the plant during winter.
Results of the research work in Mongolia will contribute to optimising the system and identifying its feasibility as an important component of an IWRM at a wider regional scale.
###
http://www.ufz.de/index.php?en=30500
Additional scientific information:
Helmholtz Centre for Environmental Research (UFZ)
Centre for Environmental Biotechnology (UBZ)
Dr. Roland Arno Mller, Dr. Manfred van Afferden, Christopher Sullivan
Tel. 0341-235-1229, -1019, -1848,
http://www.ufz.de/index.php?en=19158
or via
Tilo Arnhold (UFZ Press Office)
Phone: +49-341-235-1635
www.ufz.de/index.php?en=640
Links:
IWRM MoMo project: Integrated Water Resources Management in Central Asia: Model Region Mongolia (Frderkennzeichen: BMBF 033L003A)
http://www.iwrm-momo.de/index.php?id=1&L=1
Nomadenleben ad (UFZ-Spezial In Sachen Wasser" Juni 2011, S. 21):
http://www.ufz.de/export/data/1/28826_ufz_spezial_wasser_jun_2011_.pdf
At the Helmholtz Centre for Environmental Research (UFZ) scientists are researching the causes and consequences of far-reaching changes to the environment. They are concerned with water resources, biological diversity, the consequences of climate change and adaptability, environmental and biotechnologies, bioenergy, the behaviour of chemicals in the environment, their effect on health, modelling and social science issues. Their guiding theme: Our research contributes to the sustainable use of natural resources and helps to secure this basis for life over the long term under the effects of global change. The UFZ employs 1,000 people in Leipzig, Halle and Magdeburg. It is financed by the federal government and the federal states of Saxony and Saxony-Anhalt.
http://www.ufz.de/
The Helmholtz Association contributes towards solving major and pressing social, scientific and economic issues with scientific excellence in six research areas: Energy, Earth and Environment, Health, Key Technologies, Structure of Matter, Aeronautics, Aerospace and Transport. The Helmholtz Association is Germany's largest scientific organisation with over 33,000 employees in 18 research centres and an annual budget of approximately 3.4 billion euros. Its work stands in the tradition of the naturalist Hermann von Helmholtz (1821-1894).
http://www.helmholtz.de
[ | E-mail | Share ]
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
The first pilot wastewater treatment plant with integrated wood production opened in MongoliaPublic release date: 31-May-2012 [ | E-mail | Share ]
Contact: Tilo Arnhold presse@ufz.de 49-341-235-1635 Helmholtz Association of German Research Centres
UFZ researchers are developing new concepts for the combination of ecological wastewater treatment and energy production
This release is available in German.
Darkhan/Leipzig. Long winters with low temperatures of -40C and extended hot and dry periods with sand storms are significant challenges for people and infrastructure in Mongolia. Funded by the German Ministry of Education and Research (BMBF) the MoMo - project (Integrated Water Resource Management in Central Asia: Model region Mongolia (MoMo) is focused on identifying appropriate water management solutions to the vast and sparsely populated and resource rich nation.
One task of the researchers is to identify an integrated concept for decentralised wastewater treatment and to test it in local Mongolian conditions. Last week the decentralised wastewater pilot plant with integrated wood production was commissioned and handed over to the Mongolian University of Technology in Darkhan. The innovative concept was developed with the cooperation of Mongolian and German partners in order to contribute in solving the following three problems that face Mongolia: the lack of appropriate sanitation; increasing water scarcity and deforestation caused by a high demand of heating materials.
Yurts, yaks and Chingis Khaan, these are the fist things that come to mind when you think of Mongolia. This vast country with the lowest population density world wide is a land of contrasts. Since political change in the 1990's a third of the population have lived in poverty. Recently, mining activities have lead to an increase in economic growth. This increased wealth can be seen in the urban centres while significant poverty issues persist in the fast growing suburbs as traditional herders choose to migrate to move away from their traditional lifestyle.
This dynamic change in population pattern is a challenge to infrastructure delivery including appropriate sanitation in the urban and peri-urban areas. Meanwhile the poor status of the existing sanitation systems represents serious risks for environmental and human health.
Professor Dietrich Borchardt (MoMo-project leader, UFZ) and Prof Dorlingsuren Lkhanag, the director of the MUST University opened a research pilot plant which is a component of the second phase of the MoMo research project. The project involves researchers, private organisations and Ministerial Departments from Mongolia and Germany to develop an integrated water resources management concept for the Kharaa basin.
The basin lies in the north of Mongolia and incorporates the city of Darkhan which has a very low annual level of precipitation of 280 mm. Continued logging and grazing pressure is leading to increased deforestation in the region. Willow stands along the Kharaa river floodplain have been heavily impacted, which has lead to the loss of important ecological services.
The harsh Mongolian climate provides several significant challenges to drinking and wastewater infrastructure with pipework required to be between 3.5 and 4.5 m below surface in order to avoid freezing. In addition, the biological treatment step common too many conventional wastewater treatment plants require heating or additional housing. This leads to significant cost increases, which are often unaffordable in Mongolia.
This combination of environmental, social and demographic conditions together with old and unreliable infrastructures represents a large challenge for the development of appropriate wastewater treatment technologies.
The proposed solution of the research group from Leipzig is to pre-treat wastewater for irrigating and the production of willow trees. The irrigation of such rotating coppice is an integral part of the treatment process while also providing an important resource. There are large amounts of available space in Mongolia which can be used for the treatment of wastewater from suburbs or small settlements. The research program focuses on water quality requirements for sustainable irrigation which considers risks associated with groundwater and soil contamination. The research also considers the extreme climatic conditions such as the storage of the irrigation water and the operation of the plant during winter.
Results of the research work in Mongolia will contribute to optimising the system and identifying its feasibility as an important component of an IWRM at a wider regional scale.
###
http://www.ufz.de/index.php?en=30500
Additional scientific information:
Helmholtz Centre for Environmental Research (UFZ)
Centre for Environmental Biotechnology (UBZ)
Dr. Roland Arno Mller, Dr. Manfred van Afferden, Christopher Sullivan
Tel. 0341-235-1229, -1019, -1848,
http://www.ufz.de/index.php?en=19158
or via
Tilo Arnhold (UFZ Press Office)
Phone: +49-341-235-1635
www.ufz.de/index.php?en=640
Links:
IWRM MoMo project: Integrated Water Resources Management in Central Asia: Model Region Mongolia (Frderkennzeichen: BMBF 033L003A)
http://www.iwrm-momo.de/index.php?id=1&L=1
Nomadenleben ad (UFZ-Spezial In Sachen Wasser" Juni 2011, S. 21):
http://www.ufz.de/export/data/1/28826_ufz_spezial_wasser_jun_2011_.pdf
At the Helmholtz Centre for Environmental Research (UFZ) scientists are researching the causes and consequences of far-reaching changes to the environment. They are concerned with water resources, biological diversity, the consequences of climate change and adaptability, environmental and biotechnologies, bioenergy, the behaviour of chemicals in the environment, their effect on health, modelling and social science issues. Their guiding theme: Our research contributes to the sustainable use of natural resources and helps to secure this basis for life over the long term under the effects of global change. The UFZ employs 1,000 people in Leipzig, Halle and Magdeburg. It is financed by the federal government and the federal states of Saxony and Saxony-Anhalt.
http://www.ufz.de/
The Helmholtz Association contributes towards solving major and pressing social, scientific and economic issues with scientific excellence in six research areas: Energy, Earth and Environment, Health, Key Technologies, Structure of Matter, Aeronautics, Aerospace and Transport. The Helmholtz Association is Germany's largest scientific organisation with over 33,000 employees in 18 research centres and an annual budget of approximately 3.4 billion euros. Its work stands in the tradition of the naturalist Hermann von Helmholtz (1821-1894).
http://www.helmholtz.de
[ | E-mail | Share ]
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Posted on 01 June 2012. Tags: airport pickups in kenosha, airport pickups in milwaukee, airport transport in kenosha, airport transport in milwaukee, airport transportation in kenosha, airport transportation in milwaukee, limo bus in kenosha, limo bus in milwaukee, limo rental in kenosha, limo rental in milwaukee, limousine rental in kenosha, limousine rental in milwaukee, limousine service in kenosha, limousine service in milwaukee, party bus in kenosha, party bus in milwaukee
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The Department of Nursing, Midwifery and Health Studies officially launched an MSc. Degree in Ageing, Health and Environment at our Ageing, Health and Environment: Partnerships for Excellence Conference in May. The programme was developed in collaboration with the Netwell Reseach Centre and School of Business and Humanities in Dundalk Institute of Technology and older person service providers in the North East region.
The programme philosophy stems from the beliefs that ageing is a positive life event and that older people benefit when communities and older people services are designed to be age friendly. Older people are affected in may ways by how and where they live. Their ability to participate in the social, economic and cultural life of a community or residential care setting and their physical and psychological health and well being are determined by the environment in which they live. The programme aims, through eclectic teaching and learning methods and work-based learning, to develop and enhance the students knowledge and skills in working with older people. Specifically, the programme aims to develop reflective, knowledgeable and critically thinking professionals who will use a person-centered approach to practice and act as positive change agents in older person care in community and residential care settings. The focus on a practice innovation project for the Masters programme affords the opportunity for students to identify a real issue in their work environment and using skills obtained in the programme to develop an innovation with the potential to elicit change.
Applications are now sought from healthcare professionals and individuals who are involved in the delivery, management and/or planning of services for older people. The closing date for applications for the September 2012 intake is July 13th 2012. Further information on the programme and application process is available at www.learn.ie . Please do not hesitate to contact me should you require any further information.
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Eastern Ontario Wardens? Caucus Awards Contracts to Connect 70,000 Households to Eastern Ontario Broadband Network
The Eastern Ontario Wardens? Caucus has awarded a Local Access Contract that will provide more than 70,000 homes and businesses improved access to high-speed Internet to a region including portions of the City of Kawartha Lakes and Peterborough County,as well as the northeastern corner of Northumberland County.
Bell Aliant,Xplornet Communications Inc. and Nexicom will extend high-speed access across the 6,100 square-kilometre area:
?Bell Aliant will provide wired or DSL service to more densely populated areas,primarily around the lakes in both Peterborough County and the City of Kawartha Lakes.
?Xplornet will extend access via wireless Internet by upgrading more than 30 existing structures and building three new sites.
?Nexicom,a well-established regional telecommunications company,will upgrade 27 of their existing sites in order to extend the reach of their wireless Internet access services,particularly in the eastern part of the zone. They will also provide a wired Internet access option to the community of Mount Pleasant,involving about four kilometres of new fibre optic cable.
The combined solution will provide customers with state-of-the-art technology,a wide range of options up to 10 Mbps or more,and competitive,urban pricing.
?We are extremely pleased to announce this contract,? said Mel Campbell,Chair of the EOWC. ?Each company provides a solution that complements the other. It demonstrates how using a mix of technologies and suppliers,we continue to make steady progress on our goal of expanding high-speed broadband Internet access across Eastern Ontario.?
Satellite services will provide the balance of high-speed coverage in the area. Satellite access remains the best fit technology for very sparsely populated areas or regions with difficult terrain. Contracts have already been signed to deliver high-speed via satellite at improved pricing across Eastern Ontario.
This is the eighth of several contracts that will be awarded to deliver high-speed Internet through wired and fixed wireless services as part of the Eastern Ontario regional broadband project.
The $170 million project is funded by federal,provincial and municipal governments and private sector investment. Work to build a massive,5,500-km fibre optic network is already underway.
?We are making excellent progress in building a new regional network that will allow our residents and businesses to prosper,?added Dave Burton,Chair of Eastern Ontario Regional Network Inc.,(EORN). ?Connecting to the Internet with higher speeds will open new doors for our communities in terms of quality of life and economic growth.? EORN is a not-for-profit organization established by the EOWC to manage all contracts awarded as part of the project.
Starting in the summer of 2012 and completing in the fall of 2013,a variety of service packages will be offered,ranging from 1.5 Mbps to more than 10 Mbps. These speeds will enable users to stream video and other innovative applications that will support various sectors,including business,health and education.
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Public release date: 31-May-2012
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