If Mitt Romney is elected president, he will have to make some tough choices about what to do with his personal fortune.
In order to avoid conflicts of interest and satisfy ethics watchdogs, soon-to-be presidents often sell assets or relinquish control of their investments to a trustee.
Romney, who has spent the better part of a month answering questions about his massive investment portfolio, would be one of the wealthiest presidents in history.
The former Massachusetts governor has a few options.
He could put his investments in a government-approved blind trust, convert some or all of his assets to cash, or possibly take advantage of an obscure tax break for executive branch officials.
Blind trust: Romney is no stranger to the concept of blind trusts.
After becoming governor of Massachusetts, Romney created a trust managed by Boston lawyer Bradford Malt. That’s where most of his assets, estimated to be between $85 and $264 million, are today.
But between federally required disclosure forms and the tax returns released by his campaign, the contents of Romney’s trust are easily accessible and have been widely scrutinized by the media.
It’s now far from blind.
As president, Romney would likely
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