Monday, December 08, 2008

Here! Here!

Time for me to come clean about where I live... well, a bit anyway. I live on one of those offshore territories that Barack Obama seems not to like. It seems the Financial Times of London doesn't like us much either, but at least a few logical, sensible American professors of business & law do!

I work in the financial industry and am regularly required to attend Anti-Money-Laundering training, despite working in the IT bowels of the company, rarely having contact with customer data, let alone customers. Even so, I am well aware that our company has strict requirements to 'know our customers' - including identity and source of income statements. Long gone are the days when any dodgy character in a trilby and macintosh could show up at the door with a suitcase full of bundled $50s and expect us to do business with them... apparently a few have tried, and have never been given the time of day!

Anyone still accusing at least the Manx authorities of shady behaviour should check out the behaviour of the UK government when they stole froze the assets of KSF in London including legimately held Manx deposits. Or the attitude in the US to corporations registered in Delaware (section entitled "DELAWARE: AMERICA’S OWN HOME TO CORPORATE ANONYMITY" at the bottom of the article).

Hypocracy in international government? Never

Oh, and now the Pope wants to have a turn with the hypocracy hat, Mr-I-run-the-biggest-untaxed-repository-of-obscene-wealth-in-the-world!

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