OOPS: OBAMA’S TRADE NOMINEE HOLDS HEFTY CAYMAN BANK ACCOUNT

OOPS: OBAMA’S TRADE NOMINEE HOLDS HEFTY CAYMAN BANK ACCOUNT

WASHINGTON — Michael Froman, a longtime White House economic aide nominated to be President Obama’s trade representative, holds close to $500,000 in the Cayman Islands and received millions of dollars to divest himself from Wall Street accounts that rely on a tax loophole the administration has sought to close.

Yahoo! News: Obama’s Trade Nominee Has a Romney-Style Love of Cayman Bank Accounts
Hamilton Nolan / Gawker: Obama’s Trade Nominee Stashes Cash in Offshore Tax Haven
Ed Driscoll: Yet Another Obama Appointee has a Cayman Islands Trust
Washington Free Beacon: Trade Rep Nominee holds $500K in Cayman Islands

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