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Author: fleg9bo Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 757465  
Subject: A credit union for andrew Date: 11/12/2012 3:00 PM
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http://www.thedenverchannel.com/news/state-issues-warning-ab...

A judge has sentenced the CEO of a credit union to one year in jail for contempt of court for not producing documents in a securities investigation.

Stanley B. Roberson, of Aurora, is the chief executive officer of Her Majesty's Credit Union, a U.S. Virgin Island company with a servicing office on East 46th Avenue in Denver.

"Mr. Roberson failed to produce documents pursuant to a lawful subpoena issued to him as part of our investigation of Her Majesty's Credit Union," said Commissioner Fred Joseph.
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On the other hand, it looks like the kind of place Mitt Romney would hide money to avoid paying taxes.

--fleg
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Author: CCinOC Big funky green star, 20000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 659997 of 757465
Subject: Re: A credit union for andrew Date: 12/14/2012 8:29 AM
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fleg wrote: On the other hand, it looks like the kind of place Mitt Romney would hide money to avoid paying taxes.


Mitt Romney is my kind of guy: knows how to exploit the U.S. Tax Code to legally pay the least amount of taxes.

Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the Treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.

Judge Learned Hand (1872-1961), Judge, U.S. Court of Appeals
Source: In the case of Gregory v. Helvering 69 F.2d 809, 810 (2d Cir. 1934), aff'd, 293 U.S. 465, 55 S.Ct. 266, 79 L.Ed. 596 (1935)

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