There are lots of stories like this ready to crawl out of the woodwork. From Bloomberg:Bailout of U.S. Banks Gives British Rum a $2.7 Billion BenefitIn June 2008, U.S. Virgin Islands Governor John deJongh Jr. agreed to give London-based Diageo Plc billions of dollars in tax incentives to move its production of Captain Morgan rum from one U.S. island — Puerto Rico — to another, namely St. Croix.DeJongh says he had no idea his deal would help make the world’s largest liquor distiller the most unli
Tags: Bailout, Banks, Billions Of Dollars, Bloomberg, Captain Morgan Rum, Diageo Plc, Distiller, Governor John, John Dejongh, Liquor, London, Puerto Rico, St Croix, Tax Incentives, Virgin Islands, Woodwork
Bailout of U.S. Banks Gives British Rum a $2.7 Billion Benefit By Ryan J. Donmoyer | Bloomberg In June 2008, U.S. Virgin Islands Governor John deJongh Jr. agreed to give London-based Diageo Plc billions of dollars in tax incentives to move its production of Captain Morgan rum from one U.S. island — Puerto Rico — to another, namely St. Croix. DeJongh says he had no idea his deal would help make the world’s largest liquor distiller the most unlikely beneficiary of the emergency Troubled
Tags: Bailout, Banks, Beneficiary, Benefit, Billions Of Dollars, Bloomberg, Captain Morgan Rum, Diageo Plc, Distiller, Governor John, John Dejongh, Liquor, London, Outrage, Puerto Rico, St Croix, Tax Incentives, Unintended Consequence, Virgin Islands
There is a famous blog series on Dailykos, Rum & Coke Friday , but this story makes that look like someone in Congress took the fun to heart! Bloomberg is reporting Bailout of U.S. Banks Gives British Rum a $2.7 Billion Benefit : In June 2008, U.S. Virgin Islands Governor John deJongh Jr. agreed to give London-based Diageo Plc billions of dollars in tax incentives to move its production of Captain Morgan rum from one U.S. island -- Puerto Rico -- to another, namely St. Croix. DeJo
Tags: Amp, Bailout, Banks, Benefit, Billions Of Dollars, Bloomberg, Captain Morgan Rum, Coke, Congress, Dailykos, Diageo Plc, Fridays, Governor John, Heart, John Dejongh, London, Puerto Rico, St Croix, Tax Incentives, Virgin Islands
Congress just can't help itself with the pork. Last fall, with the elections looming and the politicians anxious to get back to their districts to campaign, Congress stuffed the emergency Troubled Asset Relief Program (TARP) with hidden tax breaks to get it passed. According to Bloomberg , Max Baucus, the Montana Democrat who chairs the Senate Finance Committee, led the charge in providing nonbank companies, like Nascar, Burger King and London-based conglomerate company Diageo, which ma
Tags: Bloomberg, Burger King, Chairs, Conglomerate, Congress, Democrat, Elections, Expenditures, Led, London, Max Baucus, Montana, Nascar, Politicians, Senate Finance Committee, Vote
March 16 (Bloomberg) -- Toyota Motor Corp ., the world’s largest automaker, plans to keep racing in Formula One and Nascar series, even as demand for cars plummets worldwide.
News Articles on Norm Van Lier Norm Van Lier, Analyst, Former Guard for Chicago Bulls, Dies (Bloomberg) ( bloomberg.com ) - February 26, 2009 Feb. 26 (Bloomberg) -- Norm Van Lier, nicknamed “Stormin’ Norman†for his aggressive style during seven National Basketball Association seasons as a guard with the Chicago Bulls, was found dead today… Former Bulls Star Norm Van Lier Dead At 61 (CBS 2 Chicago) ( cbs2chicago.com ) - February 26, 2009 Former longtime Chicago Bulls player
