Tuesday, June 28, 2011

Wyoming

http://finance.yahoo.com/career-work/article/113032/little-house-secrets-great-plains-reuters
Excerpt:
A Reuters investigation has found the house at 2710 Thomes Avenue serves as a little Cayman Island on the Great Plains. It is the headquarters for Wyoming Corporate Services, a business-incorporation specialist that establishes firms which can be used as "shell" companies, paper entities able to hide assets.
Wyoming Corporate Services will help clients create a company, and more: set up a bank account for it; add a lawyer as a corporate director to invoke attorney-client privilege; even appoint stand-in directors and officers as high as CEO. Among its offerings is a variety of shell known as a "shelf" company, which comes with years of regulatory filings behind it, lending a greater feeling of solidity.
"A corporation is a legal person created by state statute that can be used as a fall guy, a servant, a good friend or a decoy," the company's website boasts. "A person you control... yet cannot be held accountable for its actions. Imagine the possibilities!"
Among the entities registered at 2710 Thomes, Reuters found, is a shelf company sheltering real-estate assets controlled by a jailed former prime minister of Ukraine, according to allegations made by a political rival in a federal court in California.
The owner of another shelf company at the address was indicted in April for allegedly helping online-poker operators evade a U.S. ban on Internet gambling. The owner of two other firms there was banned from government contracting in January for selling counterfeit truck parts to the Pentagon.

http://www.wyomingnews.com/articles/2010/08/29/news/19local_08-29-10.txt
Excerpt:
The site claims that U.S. Sens. Mike Enzi and John Barrasso, both R-Wyo., have collected $371,000 in energy contributions while voting in favor of legislation to increase oil dependence.

Elly Pickett, press secretary for Enzi, said via e-mail that the senator's decisions are driven by what he believes is in the best interests of the people of Wyoming and the country.

He arrives at his positions only after careful study of the issues and input from the stakeholders, she said. And the senator's record shows that he has taken steps to regulate the industry.

"He does not base his decisions on campaign contributions, and for the most part he doesn't pay too much attention to what they are," she added.

The groups behind the website also are the same groups that favor cap-and-tax legislation that will destroy Wyoming jobs, Barrasso said via e-mail.

"These organizations -- MoveOn.org, Public Citizen -- are out of touch with Wyoming, and their agenda would do lasting damage to our economic future," he added.

But it's no surprise that Wyoming's senators have accepted money from the energy industry, said climate change activist Forrest McCarthy from Jackson Hole's Teton Village. There's no state income tax, and higher education is available at a reasonable cost because of Wyoming's No. 1 industry.

At the same time, climate change impacts the state's No. 2 industry -- outdoor recreation. He added that Enzi and Barrasso are missing an opportunity to lead the national discussion when they obstruct climate change legislation.

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