“Interest on 3 million isn’t a “trivial insignificant” oversight.”
It is if you knew how much interest Swiss banks pay. It is very pathetic. Probably only 1/10%, which might come to a whopping $3,000.
You overestimate Swiss interest rates.
.0005 is a pretty poor return by anyone's account.
So why on earth would Romney put $3,000,000 in cash in a Swiss Account? If you can't get at least 3% interest on that kind of deposit, then it raises the question of whether or not your purpose in putting the money in there isn't sinister.
What was Romney's purpose in depositing the money there, instead of Wells Fargo or Capital One or Chase, where they would gladly give him short term interest in the 3% range? Is it because there is no reporting requirement for deposits and withdrawals over $10,000 in Switzerland?
And besides, he “forgot” to report the entire 3 million dollar overseas’ account, not just the interest.