Posted on 07/04/2012 8:41:27 PM PDT by raulgomez05
For nearly 15 years, Republican presidential candidate Mitt Romney's financial portfolio has included an offshore company that remained invisible to voters as his political star rose. Based in Bermuda, Sankaty High Yield Asset Investors Ltd. was not listed on any of Romney's state or federal financial reports. The company is among several Romney holdings that have not been fully disclosed, including one that recently posted a $1.9 million earning -- suggesting he could be wealthier than the nearly $250 million estimated by his campaign. The omissions were permitted by state and federal authorities overseeing Romney's ethics filings, and he has never been cited for failing to disclose information about his money. But Romney's limited disclosures deprive the public of an accurate depiction of his wealth and a clear understanding of how his assets are handled and taxed, according to experts in private equity, tax and campaign finance law. Sankaty was transferred to a trust owned by Romney's wife, Ann, one day before he was sworn in as Massachusetts governor in 2003, according to Bermuda records obtained by The Associated Press. The Romneys' ownership of the offshore firm did not appear on any state or federal financial reports during Romney's two presidential campaigns. Only the Romneys' 2010 tax records, released under political pressure earlier this year, confirmed their continuing control of the company.
(Excerpt) Read more at newsday.com ...
The Associated Press isn’t credible, ON ANYTHING.
What a surprise. With each passing day it is more apparent that Mitt Romney is more successful than previously believed and Barack Obama is even less successful than was suspected. Let’s vote!
the obama propaganda machine has been prepping for romney for two years. they will probably feed one of these kinds of stories to a willing media outlet every week from now until november.
In the Liberal’s world, being rich while republican is a crime in itself.
So the gist of the story is the man is rich which every knows, he has not done anything illegal or wrong and he has some things that he is not willing to fully disclose.
Obama has hidden virtually evrything about his education his birth, his past relationships with people etc. The media did not does not care so sorry don’t try and bring up nonsense on Romney
Another non-story from the ASSociated press.
Cool, Romney knows how to make a profit unlike Obama who’s sucking the profit out of the private sector.
AP comes out with this stuff as Odungo is raking in cash from overseas....more nameless donors on credit cards....millions
Why all this probing into Romney when they can’t even tell us where Obama was born, what his social security number is, what college courses he took, if any, any why his childhood and youth are shrouded in such utter mystery and, now, according to David Maraniss, in lie after lie after lie.
HMMMM....The AP is my go to source...NOT!
Did you misspell your name? Shouldn’t it be ‘raoul’?
Never known anyone named raul.
Could be a first, but you’re a newb so who knows?
I’m no Romney fan but I will start giving a damn where his money comes from when AP investigates where Dumbo the Commie’s money comes from.
LOVE YOUR RESPONSE!
socialism is an american value to the ones running our borders with the intent of making this a communist nation.
“he has not done anything illegal or wrong “
Yeah, I mean if they caught him doing something really bad, like perhaps that his old friends report that he frequently smoked marijuana and took cocaine in his past THAT could be a real story.
Lots of people are named Raul. And it’s certainly not surprising given a last name of Gomez. Jeez.
Or pal around with known terrorists, communists, racists, felons, race-baiters, black supremacists, tax cheats, currency manipulators and gun-runners.
Get with the program boy! Ya nubian princess. Don't make me say it twice, ah say ... they's a bunch of carpetbaggin' mohrons, ah say, goldplated nincompoops. Braindead! Whuzzat? Look at me, son ....
Obama's birth certificate and academic records still secret!
I won't be holding my breath.
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