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#1
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Delaware is the new Switzerland
Secrecy is a central feature of the global financial system. Jurisdictions compete with each other to provide it, in order to attract financial flows – with appalling effects elsewhere. It is essential to identify the worst culprits in providing this secrecy. But nobody has ever tried to do this in a systematic, objective way – until now.
The Financial Secrecy Index (FSI) creates a ranking which identifies the jurisdictions that are most aggressive in providing secrecy in international finance, and which most actively shun co-operation with other jurisdictions. It attaches a weighting to each jurisdiction, according to the scale of cross-border financial services activity that it hosts. The two measures – the opacity score, and the weighting, are combined to create the Financial Secrecy Index. Nothing like this has been done before. Here is the ranking: http://www.financialsecrecyindex.com/2009results.html What the Index reveals Most of the jurisdictions listed in the FSI have been described as tax havens. There is a tendency to think of the secrecy providers as “sunny places for shady people” - palm fringed Caribbean islands filled with shady law firms, luxury yachts and the brass plates of anonymous shell companies. The FSI reveals a much bigger story. The major global players in the supply of financial secrecy are mostly not tiny, isolated islands, but rich nations operating their own specialised jurisdictions of secrecy, often with links to smaller ‘satellite’ jurisdictions which act as conduits for illicit financial flows into the mainstream capital markets.
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http://i680.photobucket.com/albums/v...7/scotflag.gif http://i680.photobucket.com/albums/v.../scot2flag.gif "If women are so bloody perfect at multitasking how come they can't have a headache and sex at the same time?" Billy Connolly |
#2
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Delaware has always been like that. Thats why half the boats in the harbor are registered their or in the Caymen Islands. Taxes what taxes?
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#3
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Are they gonna move Peach Parts there?
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Strelnik Invest in America: Buy a Congressman! 1950 170SD 1951 Citroen 11BN 1953 Citroen 11BNF limo 1953 220a project 1959 180D 1960 190D 1960 Borgward Isabella TS 2dr 1983 240D daily driver 1983 380SL 1990 350SDL daily driver alt 3 x Citroen DS21M, down from 5 3 x Citroen 2CV, down from 6 |
#4
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Minus the hills and pretty girls.
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1985 380SE Blue/Blue - 230,000 miles 2012 Subaru Forester 5-speed 2005 Toyota Sienna 2004 Chrysler Sebring convertible 1999 Toyota Tacoma |
#5
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What about Nevada, at one point they were trying to outdo Delaware and attract corporations with favorable privacy laws?
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#6
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1987 300D, arctic white/palomino--314,000 miles 1978 240D 4-speed, Euro Delivery, light ivory/bamboo--370,000 miles 2005 Jeep Liberty CRD Limited, light khaki/slate--140,000 miles 2018 Chevy Cruze diesel, 6-speed manual, satin steel metallic/kalahari--19,000 miles 1982 Peugeot 505 diesel, 4-speed manual, blue/blue, 130,000 miles 1995 S320, black/parchment--34,000 miles (Dad's car) |
#7
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That's because your a pretty woman, big difference
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1982 300GD Carmine Red (DB3535) Cabriolet Parting Out 1990 300SEL Smoke Silver (Parting out) 1991 350SDL Blackberry Metallic (481) "The thing is Bob, its not that I'm lazy...its that I just don't care." |
#8
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What did Delaware? A New Jersey. Don't believe me? Arkansas it, Alaska sometime.
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#9
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Delaware has 2 zip codes with no inhabitants.
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#10
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The common earthworm has 7 hearts.
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#11
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I think every law student in the US remembers two things . . . incorporate in Delaware . . . Napoleonic Code in LA. Everything else is pretty much a bonus.
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#12
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Bless 'em. Some people don't have one.
How many has the uncommom earthworm? |
#13
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We got lots of zip codes, and we're freaking packed, at least up north (not speaking for slower lower). We could use a few less inhabitants.
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1987 300D, arctic white/palomino--314,000 miles 1978 240D 4-speed, Euro Delivery, light ivory/bamboo--370,000 miles 2005 Jeep Liberty CRD Limited, light khaki/slate--140,000 miles 2018 Chevy Cruze diesel, 6-speed manual, satin steel metallic/kalahari--19,000 miles 1982 Peugeot 505 diesel, 4-speed manual, blue/blue, 130,000 miles 1995 S320, black/parchment--34,000 miles (Dad's car) |
#14
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