Treasure Islands - Nicholas Shaxson [170]
and “aged shelf company,” 121
and balance-of payments deficit, 107–8, 112, 116
central figure of: See Wall Street and corporate governance, 122–5
and crime, 21–2, 24–5, 109–13
and deficit financing, 9
and “Dutch Sandwich,” 117
and Gordon report, 117
on the federal level, 21, 107–20
history of, 107–28
legislation: See Qualified Intermediary Program
and limited liability corporations
See limited liability corporation
market: See international banking facility
and Netherlands Antilles, 117–18
offshore bond market, 118–19
and oil, 107–8, 113–14
opponents of, 108
overseas rung of, 22–3
See Marshall Islands; Panama; U.S. Virgin Islands
overview of, 16, 20–3
and shell companies, 120–1
on the state level, 21–2, 120–2
See Delaware; Florida; Nevada; Texas; Wyoming
statistics on, 32
See Wall Street
U.S. Virgin Islands, 22, 236n30
Uruguay, 16, 46–7
usury, 123, 193–5, 200, 204
U2, 17
Vallely, Paul, 127
“value creation,” 216
Vanuatu (South Pacific), 19, 26–7
Venezuela, 3, 37, 142
Vesco, Robert, 98
Vestey brothers (Edmund and William), 36–47
and titles, 45
and trusts, 43–7
Vietnam, 21, 84, 97, 109, 114, 116
Vinson, Fred, 56
Volcker, Paul, 114
“vulture funds,” 143–4
Wachovia bank, 9, 22, 103, 236n27
Walker, Frank, 187
Walker, William, 99
Wall Street, 7, 9–10, 11, 20–1, 23–4, 26, 31, 52, 54–6, 58–9, 61, 63, 65–8, 70, 74–5, 82–5, 106, 108–11, 115, 118, 130, 185, 191, 193, 196, 206, 214, 216–17, 221
and securitization, 26
as “too big to fail,” 21, 31, 130, 217
Washington, D.C., 10, 21–2, 29, 31, 49, 51, 54–5, 67, 83, 107, 112, 120, 124, 130, 133–4, 139, 150, 152, 160–1, 163, 170, 171, 183, 198, 223
Watergate, 98
Waweru, Michael, 145
Welch, Chuck, 195
West Africa, 3, 8–9, 97, 105, 231
whistleblowers, 9, 181, 192
White, Harry Dexter, 49, 55, 57–8, 110
The Whore of the Republic (Deviers-Joncour), 5
Wilson, Harold, 75
Wilson, Woodrow, 39
Wolf, Martin, 60
Wolters Kluwer, 125
Woods, Martin, 9, 60, 164
World Bank, 29, 56, 126
World Economic Forum (WEF), 153–4
World War I, 16, 37, 39–40, 42, 45, 50, 54, 234n13, 240n17, 241n7
World War II, 8, 49–50, 54, 63, 65, 130, 240n17, 251n11
WorldCom, 68, 123, 202, 204
Wriston, Walter, 81–2, 141, 195
Wyoming, 22, 27, 120, 122
Xie, Andy, 106
Zeder II, Fred M., 22, 236n31
zero taxation, 6, 12–15, 32, 108, 152, 190, 221, 223, 227
Zvygintsev, Alexander, 69