Forbes magazine just published their list of the wealthiest people in the world.Many are Americans who are head of leveraged buyout or private equity firms. Carl Icahan who is the CEO of a leveraged buyout firm reported wealth is 14.8 BILLION...not counting his offshore tax shelters.
There are many examples of multi-billionares who are have gotten wealthy this way. I stopped counting at 3.2 billion. Makes you wonder why Romney is so "poor" in comparison.
Why was Romney's reported worth of 250 million just accepted and hardly questioned? Was the story buried? I was excited after I read the list. This was short-lived because almost right below, Forbes questioned this also!
I am sorry if this diary is short. I'm sure there will be more in-deapth articles later. I felt this was so important.