Here’s a rather bizarre little snippet from Bermuda’s Royal Gazette newspaper …
US Republican Presidential candidate John McCain has pledged to protect Bermuda’s international businesses if he is successful in his White House bid. The Arizona Senator, who spent three days on the Island this week meeting business and political leaders, said he understood the concerns of the insurance and reinsurance sectors about draft legislation proposing a clampdown on US business operations in so-called tax havens.
I understand the US political market has not been working out to well. But he’s campaigning in Bermuda? To help protect their tax haven status?
