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Luxembourg : facts

Greg Gordon, McClatchy Newspapers, has observed that "Underscoring the role of tax havens as a Wall Street marketing tool, a Treasury Department report found that as of June 30, 2008, $164 billion in U.S. mortgage-backed securities were held in the Cayman Islands and $22 billion more were held in Luxembourg, another tax-friendly zone".

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06:14 Posted in Luxembourg | Permalink | Comments (0)

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