Someone has a Cayman Islands bank account for his Chinese investments. Nope. Other guy. :: Naked DC

Turns out, Obama has investments made through the Illinois State Board of Investment, which cares for the pension funds of Illinois state employees. Obama was an Illinois State Senator and is entitled to (and did) make investments through this board, in a manner almost identical to Mitt Romney’s own blind trust. In fact, the ISBI even put some of it’s cash into Avent International, a private equity and buyout firm like Bain Capital that puts a percentage of it’s investors money into a Cayamn Islands partnership (sound familiar?). And as part of it’s diversified portfolio, the blind trust also has investments in Chinese companies, presumably some of which have human rights problems. Because pretty much all Chinese companies have human rights problems.

via Someone has a Cayman Islands bank account for his Chinese investments. Nope. Other guy. :: Naked DC.

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