February 19, 2013 at 07:34 AM EST
Paulson Leads Funds to Bermuda Tax Dodge Aiding Billionaires
Last year, about $450 million belonging to top executives at billionaire hedge fund manager John Paulson’s New York firm took a quick round trip to Bermuda. In April, the executives sent the money to a reinsurance company that they’d set up on the island 650 miles off the North Carolina coast. By June, the Bermuda [...] View the full post at: Paulson Leads Funds to Bermuda Tax Dodge Aiding Billionaires Related posts: John Paulson: Sailing Through this Crisis Cantillon Capital to Close Hedge Funds John Paulson Going Long on Prime, Jumbo Mortgages
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