Treasure Islands - Nicholas Shaxson [164]
British power structure within, 18, 94
and Confidential Relationships (Preservation) Law, 101–2
and denial of tax haven status, 12–13
and drug money, 101–2
employment in, 171–92
and Enron, 23
and hedge funds, 26
history of as tax haven, 90–6
“Star Trust,” 46
statistics on, 18
Cayman Islands Monetary Authority (CIMA), 214–15
Center for Freedom and Prosperity (CF&P), 150, 160
Center for International Policy (Washington, D.C.), 29
Central Bank of Philippines, 141
Chait, Jonathan, 170
Chang, Ha-Joon, 59
Charles II of England, 72–3, 104
Chase Manhattan, 107–8, 112, 114, 172, 197
Chase National Bank, 194–7, 200–1
chasse gardée, 3
Chenoweth, Neil, 7
Chicago, 36, 40–1, 61, 125
meatpackers, 36, 40–1
China, 1, 12, 14, 16, 27, 36–7, 60, 71, 81, 85, 88, 105–6, 121, 147–8, 164, 169, 217
and Britain, 105–6
statistics on oil, 1
Chirac, Jacques, 4
Christensen, John, 19, 103–4, 115–16, 146, 150, 170, 182–91, 207, 233n1
Churchill, Winston, 49
CIMA: See Cayman Islands Monetary Authority
Cisco, 14
Citicorp (Citibank), 8, 80–1, 141–2, 152, 194–6, 201
Citigroup, 20, 68, 103
Citizens for Tax Justice, 112, 159, 170
City of London (England, U.K.), 17–19, 24, 26, 54–5, 61, 63–86, 87–8, 98, 103, 105–6, 109, 115, 129–30, 134, 136, 147–8, 182, 212, 222, 224, 235n18, 236n23,25,28, 239n13, 242n27,32,34, 243n36,37,42, 244n72
and Britain’s offshore spiderweb, 68–9
and the Caribbean, 87–106
central organization of, 70–4
See City of London Corporation
and City Cash, 74
controlling role of, 45–6, 96–6
and “domicile” rule, 69
global reach of, 18
history of, 63–86, 87
See “Big Bang”; Euromarkets and international financial deregulation, 85–6
and lending, 76–8
and “London-grad,” 69
and loopholes, 67–8
as old boys network, 64–5
and “rehypothecation,” 68
and secrecy, 69
and Special Purpose Vehicles (SPVs), 26
tentacles of: See British Crown Dependencies; British overseas territories; British zones of influence and the U.S., 67–8, 78–84
City of London Corporation (Corporation of London), 70–4, 76, 85–6, 224, 242n25, 243n36–37, 244n72
head of: See Lord Mayor of London
history of, 71–2
and voting rights, 71
civil society, 170
Clinton, Bill, 52, 119–20, 150, 160
Clinton, Hillary, 30, 58
Coalition for Tax Competition, 150
Cold War, 75, 109, 138
Coleman, Norm, 121
Colombia, 26, 101, 111, 133, 136
Medellin drug cartel, 101, 133
colonialism, 2–8, 20, 23, 65, 88–9, 93–5, 104–5, 117, 138, 147, 161, 184
Commodity Futures Trading
Committee (CFTC), 68
Compact of Free Association, 22
comparative advantage theory, 16
competition, tax, 149–56
Confidential Relationships (Preservation) Law, 101–2
Congdon, Tim, 66
ConocoPhilips, 22
Cook, Geoff, 168
Cornfeld, Bernie, 97–8
corporate governance, 39, 85, 122–5, 201–2
corporate responsibility, 228–9
The Corporation (Bakan), 158
Corporation Trust (Delaware), 125–6
corruption, 126–8, 229
Corruption Perceptions Index (CPI), 126
country-by-country reporting, 222
Cowperthwaite, Sir John, 105
Craven, John, 81
credit cards, 193–201
criminal money
See arms trafficking; bribes; drug money; mob/mafia; terrorist financing
Crocodile Dundee, 33
Crook, Kenneth, 93–5
Cuba, 88–9, 93
currency trading, 63–4, 70
Cyprus, 10, 27, 33, 138, 238n52
Dai Xianglong, 86
Davison, Daniel, 81
Deepwater Horizon, 22
de la Torre, Lisandro, 36, 38, 46–7
de Rugy, Veronique, 150
deferrals, tax, 112–13
Delaware, 22, 26, 39–40, 120–1, 123–6, 150, 166, 193–201, 204, 207–12, 214, 222, 228, 247n31, 248n34,39,42, 254n3,4, 255n18, 256n40
Chancery Court, 124–5, 248n34
Corporation Trust office, 125–6
history of offshoring, 39–40, 123–6
and jurisdictions, 193–201, 204, 207–12, 214
and securitization/bundling, 26, 125
and usury, 193–5, 200, 204
Delaware Statutory Trust Act (1988), 201
DeLay, Tom, 160–1
Deloitte & Touche, 25, 202, 209
DeLong, Bradford, 49, 55, 158–9
democracy, 7–8, 13, 31, 33, 42, 56, 71, 82, 102, 113, 123, 129, 131, 144–8, 162, 164, 170, 182, 185, 189, 192, 195–6, 198, 206, 210, 212, 219, 222, 224
and taxation, 144–8
Democratic party, 31, 82, 123,