How much has Trump?

[rooster59]

Wynn resigns as RNC finance chair after sexual misconduct allegations

By Steve Holland and Ginger Gibson

 

FILE PHOTO - Steve Wynn, Chairman and CEO of Wynn Resorts, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Mike Blake/File Picture

 

WASHINGTON (Reuters) - Las Vegas casino mogul Steve Wynn resigned as finance chairman of the Republican Party's fundraising arm on Saturday, a day after a newspaper reported that he routinely subjected women who worked for him to unwanted sexual advances.

 

"Today I accepted Steve Wynn's resignation as Republican National Committee finance chair," RNC chair Ronna Romney McDaniel said in a statement.

 

The billionaire has denied the accusations published by the Wall Street Journal as "preposterous" and said they were instigated by his ex-wife to seek advantage in their divorce lawsuit.

 

As recently as Friday night, Wynn associates were insisting he would fight the charges and remain at the RNC.

 

Instead, he becomes the latest powerful man to pay a price for accusations of sexual misconduct in the United States.

 

The 76-year-old founder, chairman and chief executive officer of Wynn Resorts Ltd <WYNN.O>, has been a prominent figure in the casino resort business and onetime rival of U.S. President Donald Trump.

 

After previously seeking to appear nonpartisan, he threw his support behind Trump during the 2016 campaign and donated money to several Republican causes including the RNC.

 

Trump called Wynn a "great friend" after he won the Nevada caucus in February 2016, and Wynn was named finance chairman of the committee after Trump became president.

 

U.S. Representative Francis Rooney of Florida is being considered as a replacement, one Republican fundraiser said.

 

The board of directors of Wynn Resorts said on Friday it had met to form a special committee consisting solely of independent directors to investigate the allegations reported by the Journal.

 

The special investigation panel will be chaired by Patricia Mulroy, a member of the board's corporate governance and compliance committees and a former member of the Nevada Gaming Commission, the board said in a statement.

 

The Wall Street Journal said former and current company staff members it interviewed had accused Wynn of creating a hostile work environment for women and of regularly pressuring employees to perform sex acts.

 

"The idea that I ever assaulted any woman is preposterous," Wynn said in a statement on Friday. "The instigation of these accusations is the continued work of my ex-wife, Elaine Wynn, with whom I am involved in a terrible and nasty lawsuit in which she is seeking a revised divorce settlement."

 

A spokeswoman for Elaine Wynn, 75, declined comment on Friday, but her Washington-based attorney, James Cole, told Reuters the notion that his client fomented the allegations in the Journal article "is just not true."

 

After The New York Times revealed in October that Hollywood producer Harvey Weinstein had paid off multiple sexual harassment accusers over decades, it unleashed a wave of accusations against the rich and powerful, leading to the #MeToo and #TimesUp movements demanding an end to impunity.

 

Weinstein was long a major donor to Democratic candidates and causes. The scandal prompted McDaniel, the RNC chairwoman, to urge the Democrats to give back his "dirty money."

 

After the Journal published the accusations against Wynn, Democrats in turn called on Republicans to return his donations.

 

 

-- © Copyright Reuters 2018-01-28

[Scott]

I've often thought of a lot of things I would do if I were a billionaire.   Now, I know at least ONE thing I wouldn't do.   Money doesn't shield a lot of the wealthy from nefarious activities.  

[tonray]

14 minutes ago, Scott said:

I've often thought of a lot of things I would do if I were a billionaire.   Now, I know at least ONE thing I wouldn't do.   Money doesn't shield a lot of the wealthy from nefarious activities.  

I think while that much money secures your physical needs for shelter and food, it makes your life more restrictive in some ways too. You will constantly be a target for all sorts of attention.

[watcharacters]

30 minutes ago, Scott said:

I've often thought of a lot of things I would do if I were a billionaire.   Now, I know at least ONE thing I wouldn't do.   Money doesn't shield a lot of the wealthy from nefarious activities.  

 

 

 

Yes you are correct, but I imagine he'll just blow it off over the course of the day.

 

 

It was however certainly fast acting..

 

 

 

[Samui Bodoh]

48 minutes ago, Scott said:

I've often thought of a lot of things I would do if I were a billionaire.   Now, I know at least ONE thing I wouldn't do.   Money doesn't shield a lot of the wealthy from nefarious activities.  

"Money doesn't shield a lot of the wealthy from nefarious activities."

 

The location on your profile says "Bangkok/USA".

 

I have to assume that you are in USA at the moment as if you were in Bangkok, your statement would be laughable in the extreme.

 

[puck2]

Quote

.....Trump called Wynn a "great friend" after he won the Nevada caucus in February 2016, and Wynn was named finance chairman of the committee after Trump became president. ....

 

Like master (Trump], like man (Wynn).

But the sanctimonious Reps enjoy it to point their fingers at B.Clinton/Lewinsky. What a bunch of hypocrites.!

Edited January 28, 2018 by puck2

[boomerangutang]

Wynn has genuine Picasso paintings hanging on walls in his signature casino restaurant.  He once unwittingly put a lit cigarette through one of the Picasso's.   

 

 

 

[lannarebirth]

6 hours ago, boomerangutang said:

Wynn has genuine Picasso paintings hanging on walls in his signature casino restaurant.  He once unwittingly put a lit cigarette through one of the Picasso's.   

 

 

 

 

He put his elbow through it and it was reportedly worth $40 million at the time. He sold it several years later for $155 million.

[mrwebb8825]

On 1/28/2018 at 12:32 PM, puck2 said:

 

Like master (Trump], like man (Wynn).

But the sanctimonious Reps enjoy it to point their fingers at B.Clinton/Lewinsky. What a bunch of hypocrites.!

What does a proven act to the point of impeachment have to do with an accusation? It was the GOP that asked him to step down given the shift in the world today. It was the GOP that first said they should donate his contributions to charity. He gave to the DNC also but you don't see their wallets opening.

Now who's the hypocrite?