Romney Used His Bermudan Company to Invest in Chinese Outsourcing - Politics - The Atlantic Wire: "Brookside Capital Partners Fund, a Bain affiliate, purchased a six percent stake in Global-Tech Appliance, an appliance manufacturer based in China in 1998. Brookside had Mitt's name listed as the "sole shareholder, sole director, President and Chief Executive Officer of Brookside Inc. and thus is the controlling person of Brookside Inc." Mother Jones estimates the size of the initial investment at $14.2 million. Global-Tech made appliances for American companies like, "Hamilton Beach, Mr. Coffee, Proctor-Silex, Revlon, and Vidal Sassoon." By the end of 1998, Brookside and Sankaty High Yield Asset Investors LTD, Romney's Bermudan investment fund, both owned pieces of Global Tech. Both Brookside and Sankaty sold their stake in Global-Tech in 2000 after Romney left Bain to work for the Salt Lake City Olympics. "
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