By Ralph Forbes | AFP
In 1984, when Willard “Mitt” Romney launched Bain Capital—split off from Bain & Company—more than a third of the $37M “start-up” money came from wealthy foreigners—hidden behind corporations registered in Panama, notorious for tax advantages and unusual banking secrecy.
International high finance was always behind the profiteering from off-shoring and exporting American jobs—but even more sinister are the allegations of narco-banksterism, narco-terrorism, illegalblack-ops, organized crime, looting of pensions—and the conspiracies that culminated inthe great crash of 2008.
Romney’s first investor was London financier, Sir Jack Lyons, who made a $2.5M investment through a Panama shell company set up by a slick Swiss money manager, further shielding his identity. Lyons was later convicted in an unrelated stock market fraud scandal.
Another early investor was Robert Maxwell—Mossad agent, thief of Promis spying software, international organized crime boss, arms dealer and British publishing baron—who invested $2M. He mysteriously drowned at sea in 1991 after he tried to shake down his Mossad bosses to cover the hundreds of millions of dollars he stole from his employees’pension funds.
Harry Strachan, a Bain Capital partner knew Central American businessmen. Strachan toldThe Boston Globe in August 1994, Bill Bain and Romney were “terrified of bringing in Central Americans . . . They were afraid of drug money.”
Not so afraid to stop Romney from flying to Miami to meet the Central Americans in 1984. Romney raised $9M from these rich Latin Americans, including the powerful Salvadoran families accused of torturing and killing tens of thousands of civilians.