Despite denial, records show Romney owned Bermuda shell corporation - BEFORE - forming blind trust

[kpete]

TUE JUL 10, 2012 AT 09:45 AM PDT
Despite denial, records show Romney owned Bermuda shell corporation before forming blind trust
byJed LewisonFollowforDaily Kos


............according to public records cited by the Obama campaign, it appears that Romney did in fact hold at least one of his offshore investments before the formation of his blind trust: a Bermuda-based shell corporation formed in 1997 known as Sankaty High Yield Investors Ltd with Mitt Romney as the sole owner.

In a research document, the campaign writes:

The problem with Romney’s claim? The Bermuda corporation—Sankaty High Yield Asset Investors—was registered in 1997 and Romney was listed as the “the sole shareholder, a director, and president” of the corporation. The Bermuda corporation was under his personal ownership until it was transferred into a blind trust in his wife’s name the day before he was sworn in as governor, possibly to avoid disclosure. In fact, the one fulltax return Romney did release shows that he directly owned the company as recently in 2010 and it was not held in his trust.

Mitt Romney’s continued dishonesty on his investments in offshore tax havens and corporations raises serious questions about why he won’t release his tax returns. Only a release of additional tax returns will allow us to see if Romney avoided U.S. taxes with his offshore holdings.

MUCH MORE!:
http://www.dailykos.com/story/2012/07/10/1108253/-Despite-denial-records-show-Romney-owned-Bermuda-shell-corporation-before-forming-blind-trust





Romney: I Didn’t Even Know About That Bermuda Company!
http://2012.talkingpointsmemo.com/2012/07/romney-bermuda-swiss-cayman-blind-trust.php?ref=fpb

[nc4bo]

1. Liar, liar pants on fricking fire!! nt

[tk2kewl]

2. .

[Spazito]

3. Geez, so, not only did he know about the Bermuda corporation before he didn't...

He STILL is the direct owner according to the ONLY tax return he released and it is NOT being held in his trust, again according to the ONLY tax return he released.

Ooookaaaay, looks like the next lie to be told might well be his tax returns were lost in the Bermuda Triangle.

[riverwalker]

4. THE smoking gun! n/t