Thursday, August 23, 2012

Bain Documents: Romney Offshore Investments Used 'Blockers' To Avoid Taxes

In the financials for the Bain Capital Asia Fund, for instance, the audit describes the establishment of blocker corporations to hold more than $92 million in contributions from the fund.

Some experts have pointed to the blockers to help explain how Romney has been able to amass between $20.7 million and $101.6 million in a tax-free IRA, many times more than the typical amount an IRA can hold. Romney has not responded to questions about his IRA.

Click on the followings for more details:  Bain Documents: Romney Offshore Investments Used 'Blockers' To Avoid Taxes

Cardinal Dolan to give benediction for RNC

Read the entire article by clicking on the following:  http://www.nytimes.com/2012/08/23/nyregion/new-york-archbishop-will-give-closing-prayer-at-gop-meeting.html?_r=1

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Current status of mulch fire injunction/case

As noted below pre-trial set for August 28, with a new (undetermined) judge.  The motion to dismissed denied.  Attorney Van Evera represents the defendants. Temporary Restraining Order (TRO) is granted.

UPDATED 8-24-2012

Click on photocopy to enlarge:

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Obtain the latest update of the above record by going to:  http://www.judici.com/courts/cases/case_history.jsp?court=IL004015J&ocl=IL004015J,2012CH319,IL004015JL2012CH319P1