Dems Poke at Romney's Swiss Bank Account

Swiss banks 'to hide something,' accuses Dick Durbin
By Mark Russell,  Newser Staff
Posted Apr 10, 2012 1:10 AM CDT
Mitt Romney addresses a luncheon hosted by the Newspaper Association of America and the American Society of News Editors in DC last week.   (Getty Images)

(Newser) – Democrats are taking shots at Mitt Romney's Swiss bank account, accusing him of wanting to "conceal something," reports the Huffington Post. The issue came up yesterday in a conference call by President Obama's election campaign that was supposed to be about raising taxes on the rich. But Illinois Senator Dick Durbin added that no presidential candidate has ever had a financial portfolio as broad as Romney's before, which quickly turned into criticism of his Swiss bank account.

The only reasons for a Swiss account is if you think the Swiss franc is going to appreciate more than the US dollar—or if you're looking to hide money, grumbled Durbin. "When is the last time a presidential candidate for the US had a Swiss bank account?" he asked. "I think the answer is never." The Romney campaign didn't have any comment.

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