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xchrom

(108,903 posts)
Fri Oct 19, 2012, 07:31 AM Oct 2012

5 Things You Need to Know About Mitt Romney's Shady Investments Before Election Day

http://www.alternet.org/election-2012/5-things-you-need-know-about-mitt-romneys-shady-investments-election-day



Mitt Romney is not only one of the wealthiest presidential candidates in history, his finances are by far the most opaque. In April, the Washington Post reported that Romney “has taken advantage of an obscure exception in federal ethics laws to avoid disclosing the nature and extent of his holdings.”

By offering a limited description of his assets, Romney has made it difficult to know precisely where his money is invested, whether it is offshore or in controversial companies, or whether those holdings could affect his policies or present any conflicts of interest.

This is no accident. From what we do know, Romney has – or has recently had – some highly controversial investments in his extensive portfolio.

The New York Times reported that Romney was invested in China's state-owned gas company and a Chinese bank, even as he was calling out China's “unfair” trading practices on the campaign trail.

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