Romney’s Bermuda Account Raises Questions

New questions about Mitt Romney’s overseas investments have dogged the GOP presidential contender all week. Many arose from a report in the latest issue of Vanity Fair. It describes how the day before Romney was sworn in as governor of Massachusetts, he put a corporation he’d set up in Bermuda in a blind trust held by his wife, Ann. Romney insists he did nothing wrong.

That investment account, called Sankaty, was established 15 years ago. Romney first revealed his ties to this offshore entity in the 2010 tax return he released in January. Earlier this week on Fox News Radio, he defended his actions.

“I have followed the law. I have paid my taxes as due,” he said. “I have also disclosed through all of the requirements of the government every asset which I own, fairly and honestly.”