Inside Mitt Romney’s Tax-Dodging Cayman Schemes
Inside Mitt Romney's Tax-Dodging Cayman Schemes
Gawker has obtained and published more than 950 pages of internal financial documents for 21 cryptically named entities in which Mitt Romney had invested—at minimum—more than $10 million as of 2011. Almost all of them are affiliated with Bain Capital, the secretive private equity firm Romney co-founded in 1984 and ran until his departure in 1999; many of them are offshore funds based in the Cayman Islands. Together, they reveal the mind-numbing, maze-like, and deeply opaque complexity with which Romney has handled his $250 million fortune.
- The Bain Files: Inside Mitt Romney's Tax-Dodging Cayman Schemes
- Equity Swaps, AIVs, and Mitt Romney's Other Tax-Dodging Tricks
- Mitt Romney's Endless ‘Retirement' Package
- How Mitt Romney Puts His Money Where Obama's Mouth Is
- Derivatives, Short Sales, and Mitt Romney's Other Exotic Financial Instruments
- Mitt Romney Is the National Enquirer's Banker
Elsewhere:
- "Here is reason number one thousand and forty for releasing your tax returns if you're running for President of the United States." [NEW YORKER]
- Gawker's Bain Docs and the Private Equity Knowledge Gap [Daily Intel]
- A fund Romney invested in lent GOP mega-donor Sheldon Adelson $3 million. [SALON]
- Guy who had some of this information "a while" ago decides not to do his job until now. [FORTUNE]