What Mitt Romney Missed About Jeb Bush's Mitt Romney Problem

Are Jeb Bush's financial dealings really enough of an opening for another Romney run?

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By Joshua Green

December 12, 2014 at 9:14 PM UTC

This article is for subscribers only.

Yesterday’s Bloomberg Politics opus about Jeb Bush’s private equity investments is looking like bad news for the former Florida governor and possible 2016 presidential candidate. How bad? So bad that Mitt Romney–MITT ROMNEY!–is considering another run for president because, Politico’s Ben White and Maggie Haberman report, he thinks the revelations about Bush’s offshore fund and foreign investors may wind up being disqualifying. Pause and savor that one for a moment.

If Bush does enter the race, he’ll have to answer a number of questions: Why is his latest fund, BH Global Aviation, located offshore in a country that finance lawyers describe as a “tax haven”? Who are his investors—the ones currently hidden behind a Delaware LLC? Will the apparent focus of his investments—China—pose any sort of political conflict?