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determine where the investments are. the reason he keeps his money offshore is it s in a blind trust. it s not his decision. which might pass for an answer if he wasn t this guy. the blind trust is an age old ruse, if you will, which is to say you can always tell the blind trust what it can and cannot do. you give a blind trust rules. that s what he said about blind trusts when he was running for senate against ted kennedy. how about a no offshore accounts rule? but there s more to his answer to the national review about what he keeps money stashes in offshore accounts. he was not relying exclusively on the excuse he once dismissed as a ruse. the so-called offshore account in the cayman islands is established by a u.s. firm to allow foreign investors to invest in u.s. enterprises and not be suggest to taxes outside of their own jurisdiction.

Blind trustUnited states senateTed kennedyMoney stashesOffshore accountCayman islands