Gene Haas Arrested!

Whomever said "there's no such thing as bad publicity"?

Why would someone with all that money be that stupid. Greed gets the best of them.

You answered the first sentence w/ the second.

He probably didn't contribute enough to the Bush campaign.

To think that all of this could have been avoided if only he had set up an off-shore subsidiary or SPE [special purpose entity] in Aruba. By conducting all international transactions through this subsidy, using "transfer pricing," he could have accomplished the same thing and been legal.

Should have spent more time reading AMC/RCM postings.

Unka George (George McDuffee)

There is something to be said for government by a great aristocracy which has furnished leaders to the nation in peace and war for generations; even a democrat like myself must admit this. But there is absolutely nothing to be said for government by a plutocracy, for government by men very powerful in certain lines and gifted with the "money touch," but with ideals which in their essence are merely those of so many glorified pawnbrokers.

Theodore Roosevelt (1858-1919), U.S. Republican (later Progressive) politician, president. Letter, 15 Nov. 1913.