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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (3529)	2/21/2004 8:42:40 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 81568

Kerry pledges to end island's 'creed of greed' within 500 days Sen. Kerry, who now leads the Democratic pack in polls leading up to Tuesday's New Hampshire primary, has made the Bermuda loophole in the US tax code a centrepiece of his resurgent election campaign. In October, Sen. Kerry – whose campaign treasurer is Bob Farmer, US Consul General in Bermuda between 1994 and 1999 – unveiled his legislative plan to crack down on "unpatriotic corporate tax evaders" in front of the scandal-plagued conglomerate Tyco's headquarters in Exeter, New Hampshire. Although most of its business affairs are run out of New York and New Hampshire, Tyco was incorporated in Bermuda in 1997. Former Tyco CEO Dennis Kozlowski and the firm's former chief financial officer Mark Swartz are currently on trial in Manhattan Supreme Court accused of looting the Bermuda-based conglomerate of $600 million through unauthorised pay and illicit stock sales. theroyalgazette.com