Grilled about Cayman Investments, Jack Lew Chooses the I'm-a-Moron Defense

Reblogged from International Liberty:

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Every so often, you get a "teaching moment" in Washington, and we now have an excellent opportunity to educate lawmakers about the "offshore" world because President Obama's nominee to be Treasury Secretary has been caught with his hand in the tax haven cookie jar.

Mr. Lew not only invested some of his own money in a Cayman-based fund, he also was in charge of a Citi Bank division that…

Read more… 335 more words

Touche!

About Mike
A resident of the “30 square miles surrounded by reality,” I spend most of my time teaching economics and statistics to undergraduate students. I enjoy, naturally, economics and business, but also science (I was once an astronomical observatory assistant), politics, photography, food, travel and sports. Madison has grown quite a bit since 1978 when Governor Lee Dreyfus made that remark. According to Wikipedia, Madison is 67.3 square miles of land and 16 square miles of water. Visit http://thisgotmyattention.wordpress.com/about/ for one of my favorite views of the isthmus. Or, why not come visit us! http://visitmadison.com

One Response to Grilled about Cayman Investments, Jack Lew Chooses the I'm-a-Moron Defense

  1. Love it! Stole the link for my blog.

    I like the site!

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