Wasserman Schultz Invested in Swiss Banks, Foreign Drug Co.'s

Tuesday, 10 Jul 2012 11:21 PM

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
Democratic National Committee chair Debbie Wasserman Schultz has criticized Mitt Romney's investments outside the U.S., including in Swiss banks.

But financial disclosure forms indicate the Florida congresswoman held funds with investments in Swiss banks, foreign drug companies, and the state bank of India, reports The Weekly Standard.

"Americans need to ask themselves, why does an American businessman need a Swiss bank account and secretive investments like that?" said Wasserman Schultz, who has been one of President Barack Obama's attack surrogates as part of his campaign. "Just something, a thought, that I'd like to leave folks with."

Team Obama has consistently pummeled Romney's finances, particularly his investments abroad in an effort to paint him as out-of-touch with average Americans.

Financial disclosure forms from 2010 show that Wasserman Schultz invested between $1,001-$15,000 in a 401k retirement fund run by Davis Financial Fund, according to the Weekly Standard; the fund has investments in the Julius Baer Group Ltd., a Swiss investment firm, nd the State Bank of India GDR Ltd., as well as other financial, insurance, bank institutions. Other investments show she had funds with holdings in foreign drug makers and auto companies.

The Weekly Standard points out there is nothing illegal in holding such assets.

© 2013 Newsmax. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Top Stories
Around the Web
You May Also Like

Obama Struggles to Form Friendships Abroad

Wednesday, 19 Jun 2013 15:32 PM

President Barack Obama has struggled to forge strong relationships with foreign heads of state, unlike presidents before . . .

Vince Flynn, Author of Mitch Rapp Thriller Series, Dead from Cancer

Wednesday, 19 Jun 2013 15:14 PM

Vince Flynn, the best-selling author of the Mitch Rapp series of political thrillers that includes American Assassin a . . .

Rep. Mo Brooks: CBO's Score of Immigration Bill Is Way Off

Wednesday, 19 Jun 2013 14:45 PM

Rep. Mo Brooks is disputing the Congressional Budget Office's prediction that the Senate immigration reform bill will de . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved