Doubts Growing About Republican Presidential Candidate Mitt Romney - SPIEGEL ONLINE
Jared Sperli stashed this in politics
Until 2010, the Republican had $3 million deposited in a Swiss bank account. An investment firm in Bermuda helped him save additional taxes. Romney invested at least $1 million in Elliott Associates, a hedge fund of the worst sort. Elliott buys the bonds of dirt-poor African countries, often for very small amounts, and then tries to sue their governments for the money.
All of this can be found in the tax return Romney felt comfortable enough to release. But what secrets could be hidden in the others? More offshore accounts? Even lower tax rates? Politically sensitive investments for a candidate running on an anti-abortion platform? Bain, for example, once invested in a company that media reports claimed had helped abortion clinics dispose of fetuses.
I wonder if Mitt Romney regrets getting the presidential nomination yet.
We hold our Presidents to very high standards. And that's a good thing.