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  • lonesome_polecatt lonesome_polecatt Feb 8, 2013 9:36 PM Flag

    Does this revalation make this guy as evil a Mitt Romney? Oh shucks, he's a Democrat so that makes it OK, right? Beside Tim Geithner is a tax cheat and that was OK.

     

    Apparently it's only only evil when Republicans do these things. Is the word hypocrite even in a Democrat's vocabulary?

    February 8, 2013, 6:21 pm Comment

    Lew’s Cayman Islands Fund a Likely Issue at Confirmation Hearings

    By JONATHAN WEISMAN

    As recently as 2010, Jack Lew, President Obama‘s nominee to be the next secretary of the Treasury, had $56,000 invested in a CitiGroup venture capital fund based in the Cayman Islands’ notorious Ugland House, a building whose mailboxes are home to nearly 19,000 corporate entities, many of them tax shelters.

    The investment has been in public documents for years and drew no attention when Mr. Lew was confirmed to be deputy secretary of state in 2009 and director of the White House Office of Management and Budget in 2010.

    But the fund is coming to light as Mr. Obama and Congressional Democrats are zeroing on taxes lost to off-shore entities, including hedge funds, as a way to stave off $1 trillion in across-the-board spending cuts set to begin March 1.

    Sentiment: Hold

    This topic is deleted.
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