Many union pensions funds have money invested overseas. Many foundations like the ford foundation are set up in the caymans to hold their oversea profits. This is main reason hedge funds are in the caymans so they can handle this money.
Another career liar. How much money do you think the Kennedy's, pelosi, wasserman etc. have in trusts and hiding in tax sheltered accounts? I would guess billions. What do you think the chances are that the shithead from costco will actually voluntarily pay extra on the 12 milllion he's going to take home? My guess is zero.