buyout of america/feed/rss2/A 2007 report from the Los Angeles Times revealed that at Bain, Romney attracted multi-million dollar investments by creating shell corporations in the Cayman Islands. Romney then used these dummy corporations — often no more than a post office box — to attract foreign investment in Bain without subjecting investors to U.S. taxes.Romney was still profiting from the offshore arrangment as the presidential campaign went on in 2007.The failure to disclose his tax returns have led some to wonder if Romney took advantage of the same offshore tax loopholes that Bain investors used. - search results