Today Gawker.com released what is says are nearly 950 pages
of financial records covering Romney’s investments. John Cook at Gawker says:
Today, we are
publishing more than 950 pages of internal audits, financial statements, and
private investor letters for 21 cryptically named entities in which Romney had
invested—at minimum—more than $10 million as of 2011 (that number is based on
the low end of ranges he has disclosed—the true number is almost certainly
significantly higher). 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 (or 2002, depending on whom you ask). 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 wealth, the exotic
tax-avoidance schemes available only to the preposterously wealthy that benefit
him, the unlikely (for a right-wing religious Mormon) places that his money has
ended up, and the deeply hypocritical distance between his own criticisms of
Obama's fiscal approach and his money managers' embrace of those same policies.
They also show that some of the investments that Romney has always described as
part of his retirement package at Bain weren't made until years after he left
the company.
Gawker has not analyzed the documents completely nor has
anyone else. You can view the documents
by following this link: http://gawker.com/5936394
Watch for a lot more about what these newly released
documents reveal about Romney’s wealth
and taxes in the days ahead. If determined to be authentic, these documents will be a major distraction (and possible embarrassment to Romney and his campaign.
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