Why Would Romney Bury Treasure in Bermuda?
For a $20 fee, you can check out the documents that established Romney’s own corporation at Bermuda’s Registrar of Companies. The folder is slim — just 10 pages.
Romney’s name does not appear anywhere. The entity he created in October 1997 is described as a holding company initially authorized to have 12,000 shares worth $1 each. Within three years, seven other Sankaty investment funds were also established in Bermuda.
U.S. records show at least $25 million worth of stock — most of it for Domino’s Pizza — was sold from Romney’s holding company while he was governor of Massachusetts.
Here in Bermuda, government officials seem extremely reluctant to discuss Romney’s investment.
“Bermuda doesn’t want to get too drawn into — we don’t want to get drawn in at all,” says Nea Talbot, public affairs officer at the Department of Communication and Information.