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...every year are legitimate businesses, taking advantage of these vehicles' ability to fence off liability so that entrepreneurs are not risking their entire financial viability in any one venture. In practice there can be multiple incorporations in a single deal. But critics say that the original intent of incorporation has been corrupted in the last 20 years as the conveniences offered by offshore tax havens - demand turbocharged by a boom in financial engineering - has degenerated into a race to the bottom to sell secrecy. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Why U.S. Law Helps Shield Global Criminality | 2/2/2010 | See Source »

...Crimson turned the ball over 30 times in a loss to Army, and for much of the game, it seemed the squad was intent on reaching that milestone again...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: NOTEBOOK: Big Man Foote Too Much For Crimson | 2/1/2010 | See Source »

...What we now know is that he retained absolutely the intent and the intellectual know-how to restart a nuclear and a chemical-weapons program when the inspectors were out and the sanctions changed, which they were going to do," he continued. "Now, I think that it is at least arguable that he was a threat, that had we taken that decision to leave him there, with an oil price not $25 but $100 a bbl., he would have had the intent, he would have had the financial means, and we would have lost our nerve...

Author: /time Magazine | Title: Unbowed on Iraq, Blair Argues for Targeting Iran | 1/29/2010 | See Source »

...Michael J. Albano, Andrew Bertinalli, Cambridge City Councillor Marjorie C. Decker, Daniel C. Hill, Timothy Flaherty, and Benzan—have filed the necessary paperwork to run in the Democratic primary. McNiff added that one Republican, Diane Carell, and one Independent, John Cesan, have also declared their intent...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Local Lawyer Seeks Galluccio Seat | 1/28/2010 | See Source »

...believe that the intent of the First Amendment is to protect everyday citizens, not corporations or unions. While free speech is integral to our democracy, this decision permits corporations and unions to use the media as a battleground for their own interests. “May the best man win” may as well read, “May the organization with the most money to give to their man win.” Smaller voices not linked to power hitters will likely be muted, and there will be a disproportionate effect on minor political issues where special interests...

Author: By The Crimson Staff | Title: Bring Back Teddy Roosevelt | 1/28/2010 | See Source »

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