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Tax Havens: Hidden hand in the financial crisis


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By Lagan Sebert

ANP: A look at how offshore financing helped to enable the economic meltdown

* Morgan Stanley: 99 subsidiaries in tax havens in 2003

* Citigroup: 92 subsidiaries in tax havens in 2003

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* Bank of America: 52 subsidiaries in tax havens in 2003

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