Romney said Wednesday he will change some of his investments.
ATLANTA (CNN) - Republican presidential candidate Mitt Romney said his investments will change after the Boston Herald reported they included a stake in two companies which conduct embryonic stem cell research.
“My investments have been held in a blind trust, which means I have not directed where they invest nor do I know where they invest,” said the former Massachusetts governor during a swing through Atlanta on Wednesday. “The trustee of the blind trust has said publicly that he will endeavor to make my investments conform with my positions, and I am confident that he will.”
The newspaper reported that among Romney’s vast investments include holdings in Novo Nordisk and Millipore Corp., biomedical firms which use human embryos for disease research.
Romney, who opposes abortion and embryonic stem cell research, is said to be worth at much as $250 million according to a federal financial holdings disclosure recently made public.
Also, sure to draw the ire of his fellow Bay Staters is the disclosure that Romney’s wife, Ann, holds investments as part of a blind trust in the YES network, a broadcast company which airs the hated Yankees’ match-ups.
It was unclear whether Ann Romney’s holdings in the Bronx Bombers’ network will be reviewed. Earlier in the Atlanta event, Romney, referencing the move last season of Red Sox outfielder Johnny Damon to New York, told the Georgia crowd that “we all hate Yankees.”
- CNN Political Desk Editor Mark Norman