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Treasure Islands - Nicholas Shaxson [167]

By Root 198 0
Capital Management (LTCM), 211, 218

Lord Mayor of London, 71, 73, 76, 85, 244n69–71

Lucas, Robert, 61

Luxembourg, 3, 14, 16–17, 26, 28, 69, 97, 116, 128, 134, 138, 161, 172, 212–13, 235n14,15, 249n5

Macau, 27, 106

Macmillan, Harold, 59

MacShane, Denis, 69

Madeira, 18

Madoff, Bernie, 218

Malaysia, 115–16, 184

Malta, 27

Manhattan, 23–4, 27, 69, 114, 134, 178, 239n9

See Wall Street

Manton, Peter, 184

Manuel, Trevor, 147

Marcos, Ferdinand, 141–2

Marcos, Imelda, 141–2

Marshall, Alfred, 50

Marshall Islands, 22–3, 236n31

Marshall Plan of 1948, 58–9

Marx, Karl, 51, 75, 86, 104

Matthews, Gary, 205, 207–8

Mauritius, 16, 23, 27, 147–8

McClatchy’s, 214

McDonald’s, 51

McDowell, Harris B., 198

McIntyre, Bob, 159, 170

McIntyre, Michael J., 117–19, 169

meatpacking industry, 35–42, 47

Merhet, Maurice, 189

Merrill/BoA, 68

Mexico, 9–10, 30, 58, 142–3, 218

MHT Bank, 141

Miami, Florida, 89, 101, 111–12, 143, 157, 165, 218

Microsoft, 14

Middle East, 6, 33, 54, 104, 137

Midland Bank (Britain), 63–6, 172

Minnesota, 193

MI6 (British Secret Intelligence Service), 18, 235n21

Mitchell, Austin, 205, 249n13, 252n13

Mitchell, Daniel J., 150–63, 170

Mitterrand, François, 4

mob/mafia, 7, 20, 22, 29, 88–90, 97, 113, 120, 131, 150–1, 175, 192

Monaco, 17, 26

monetarism, 76–8, 114, 159

money creation, 76–8, 114

money supply, 78, 114, 159

Montserrat, 87

Moon, Sun Myung, 161

Morgan Guaranty bank, 75, 81

Morgan Stanley, 20, 22, 68, 103, 106, 125

Morgenthau, Henry, 38, 54–5, 65

Morgenthau, Robert, 27–8, 69, 134–6, 178

Moscow, 10, 71, 75, 81, 137, 249n16, 250n20

Moscow Narodny Bank, 71, 75, 81

Mourant du Feu & Jeune, 201–2, 207

Mugabe, Robert, 156

Mugniyah, Imad, 178

Muirhead, Patrick, 187

multinational corporations, 10, 11–16, 25–6, 35–43, 57, 108, 112–13, 132, 145–7, 216–17, 221–2, 227, 234n12, 239n10

central problem with taxing, 41

history of, 35–43

and tax havens, 13–16

and zero taxation, 12–15

See Vestey brothers Murdoch, Rupert, 7

Murphy, Richard, 112–13, 125, 159, 217, 222, 234n5

MySpace, 7

Nasser, Abdel, 65

Nauru, 27

Naylor, Tom, 97–8, 115

Nazi Germany, 49, 59, 98, 156–7, 234n13

Netherlands, 17, 27, 39, 111, 117–18, 138, 143, 147, 192

Netherlands Antilles, 111, 117–18, 143

Nevada, 22, 44, 120, 125, 223

New Deal, 31, 109, 114, 131, 200

New Jersey, 39, 104, 108

New York City, 18

See Manhattan; Wall Street Newfoundland, 38

News Corporation, 7, 20, 22

Nidal, Abu, 133, 135

Nigeria, 1, 17, 30, 58, 97, 105, 127, 183, 248n43

Nixon, Richard, 98

Norman Conquest (1066), 71–2

Norman Star (ship), 35, 38, 46

North Africa, 1, 26–7

North Korea, 17, 28, 122, 131, 133, 188

Northern Ireland, 73

O’Neill, Martin, 158

O’Neill, Paul, 160–2

Obama, Barack, 51, 106, 110, 125, 153

Offshore Magic Circle, 25, 201–2

offshore system

banana example, 13–14, 42, 108

and capital, 98

centers of, 16–23

See British tax havens; European tax havens; U.S. tax havens

and criminality: See criminal money

defined, 6–8, 11–12

and deflection, 166–7

as ecosystem, 25

as “efficient”: See “efficiency”

employment in, 171–92

features of

See double taxation; laddering; “on request” information; reinvoicing; “round-tripping”; shell companies; tax deferrals; transfer pricing; trusts; usury; zero taxation

and inequality: See inequalities

and lending, 76–8

central figure of

See City of London

opposite of: See John Maynard Keynes

and ordinary citizens: See ordinary citizens

overview of, 6–10, 11–16, 23, 25–8

and “plausible deniability,” 167

rationalizations for, 156–8, 165–7

reform of: See reform and regulation, 169–70

and silence, 30, 170, 171–80

and slavery, 140

statistics on, 11, 26, 28–9, 32

and tax havens: See tax havens

and taxation, 144–8

as unpatriotic, 39–43

See multinational corporations; tax havens

oil, 1–4, 7–9, 17, 19–20, 22–3, 36, 39, 60, 68–9, 82, 105, 107–8, 114, 127, 131, 133, 137–9, 145, 165, 225, 246n2, 249n18, 250n25

Oklahoma, 120

Okonjo-Iweala, Ngozi, 127

Olenicoff, Oleg, 178

“on request” information, 167–9

onshore tax reform, 224–5

ordinary citizens, 7, 15, 20–1, 29,

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