H. Rodgin Cohen, senior chairman of New York-based law firm Sullivan & Cromwell LLP, which has done work with Lazard, said it would be absurd for Washington to blacklist bankers who’ve been involved with inversions.
“Why should a banker not work for any one of hundreds of companies that have one sort of tax break or another?” Cohen said. “Inversions are just one. We have a tax code that is just riddled with loopholes and exceptions. So should you never work on any of those? Is there a purity test?”
Saturday, November 15, 2014
Pres. Obama nominated a bankster to be the next Treasury undersecretary and one of the banksters' legal enablers came to the defense of legal corporate tax evasion, inversions:
Posted by Steve J. at 12:07 AM