Former US economic envoy Declan Kelly launches merchant bank and private equity and consulting company
Bill Clinton and Tony Blair to join board of new company Teneo
Published Wednesday, June 29, 2011, 3:20 PM
Updated Thursday, June 30, 2011, 10:05 AM
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CitizenWhy | Jun 30, 2011, 10:35 AM EDT
A well-tailored den of thieves set to snatch up asset privatized in Greece, Ireland (to come), Spain (to come), Portugal (to come) and Italy (to come)? n the USA, when non-profit Health maintenance Organizations, founded with taxpayer money, were privatized, the Boards (also among the buyers) sold the HMOs dirt cheap, then took them public with 1-3 years at many, many multiples of the buying price. Of course the privatizing of the HMOs is one of the reasons for the exceptionally high cost per citizen of the US health care system, which does not even take care of the entire population. ... Watch out, Ireland, your agreement to pay the debts of your privately owned bank will see you forced to sell off your assets (including your gas reserves and wind rights) below value so a few super-rich can become even richer at your expense.
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LoyalCitizen | Jun 29, 2011, 04:13 PM EDT
He must of found all the tax loop holes, which him and Bill can exploit.
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