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Investigation: Mitt Romney’s Offshore Accounts, Tax Loopholes, and Mysterious I.R.A.
David Marchant
Posted: Tuesday, July 3, 2012 11:33 AM
Joined: 9/13/2007
Posts: 415


Vanity Fair: For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate.

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On Correspondent Bank Accounts ... the Achilles Heel of Offshore Banking
Dan Reeves
  If you blinked, you probably missed the news.  On January 29, 2013, a federal judge sitting in New York City authorized the IRS to issue a John Doe summons to UBS AG in Stamford, Connecticut for the correspondent bank records of Wegelin Bank of Switzerland and at least two other Swiss banks that nested their