Mitt Romney And Bain's Offshore Strategy Helped Sidestep Taxes, Increase Personal Wealth

Behind Romney & Bain's Offshore Strategy To Boost Profits
Republican presidential candidate, former Massachusetts Gov. Mitt Romney campaigns at American Legion Post 176 in Springfield, Va., Thursday, Sept. 27, 2012. (AP Photo/Charles Dharapak)
Republican presidential candidate, former Massachusetts Gov. Mitt Romney campaigns at American Legion Post 176 in Springfield, Va., Thursday, Sept. 27, 2012. (AP Photo/Charles Dharapak)

Buried deep in the tax returns released by Mitt Romney's presidential campaign are references to dozens of offshore holdings with names like Ursa Funding (Luxembourg) S.à.r.l. and Sankaty Credit Opportunities Investors (Offshore) IV, based in the Cayman Islands.

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