Tell us more about Rmoney's GoldenGate insurance problem
Al Sharpton has a guest - something about a set up after 9/11 and tax amnesty up to 2016
OK I found something here
http://blog.thephoenix.com/BLOGS/talkingpolitics/archive/2012/07/18/new-in-the-phoenix-romney-s-shadow-years.aspx
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This topic has been much in the news of late, and in this article I try to explain why the two Presidential campaigns are fighting so hard over what seems to be a very small difference in defining Romney's role at Bain during that period.
As part of that, I recount, with some additional detail and context, some stories that I and others have covered before.
I also add one that I believe I am first to write about: Romney's and Bain's investment, via Golden Gate Capital, in a company called Endurance Specialty. That company was formed immediately after the 9/11 attacks to take advantage of the casualty insurance market created by that tragedy -- what some would call profiteering, and others would call meeting a need. Endurance Specialty was established in Bermuda to avoid US taxes and regulations.
A person I spoke with at the Romney campaign pointed out that Romney was investing in a fund, and it was the fund managers who picked the company to invest in, not Romney. That's very true -- but it's also true that Romney continued, and continues to this day, to invest with Golden Gate, suggesting that he approves of the way they have handled his money.
