Saturday, September 09, 2006

One RICH MAN pays his taxes...Walter Anderson pleads guilty to $365 million tax evasion

Bloomberg News report: Walter Anderson, the 52 year old who tried to merge Mid-Atlantic Telecomm without triggering taxes, pleads guilty to TWO COUNTS of federal tax evasion, in what the prosecutors describe as the "largest personal tax evasion case in US History". Interestingly, Anderson hired numerous lawyers who enabled and participated in his evasion using off-shore "businesses", and litigated his defenses for years.
It is not coincidence that we witness corporate CEO's in unprecedented numbers perpetrating frauds, at the expense of our country, which is AT WAR. We are harmed more by the CEO culture we harbor domestically, than by the "foreigners" who hate us. For example, the Bolivians, Bopal-ians, and Islamicists may be hostile to Americans, but are the CEO's not "responsible" by their activities for this "foreign" hostility?
And we see also that these same pirates have hijacked our own institutions as well -- we are attacked by the Islamicists, but we are impoverished by our own CEOs.
Frankly, the Arab warrior is a far braver and more honest than the Anderson "executive".

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