"They have contacted the regulators on the Isle of Man asking for information on one particular scheme used by two Texan billionaire brothers, Charles and Sam Wyly.
The duo, who made their money in computing and retailing, not only gave over $200,000 to President Bush's re-election campaigns, but also bankrolled TV adverts attacking his rivals, John Kerry and Senator John McCain."
(cut from article)
"Sam Wyly describes himself as "the entrepreneur's entrepreneur" and came to prominence when he unsuccessfully tried to oust the board of Computer Associates in 2001 - only a year after the brothers sold their Sterling Software business to the group for $4bn.
The Isle of Man authorities have passed documents to US investigators relating to 20 different entities linked to the Wyly brothers that are registered in the Irish Sea tax haven. One, Devotion Ltd, is a holding company with two directors and no employees; it is run, according to SEC filings, from a remote farm on the island. Another director, who lives in a terraced house, signed a transfer document for $25m. At one point, Isle of Man entities owned 20 per cent of the shares in Sterling Software, as well as 12.8 per cent of another Wyly group, Michaels Stores, and 42 per cent of a third, Green Mountain Energy. "
http://news.independent.co.uk/business/news/story.jsp?story=644159Looks like the money trail is getting wider and wider isn't it? It's not just in the numbers and the reports of mischief, it's in the money as well.
I think I remember some time ago an investigator was talking about the Isle of Man election operation, being connected to election fraud. I don't remember much else now. Of course, look at what's going on in Ohio. It starts to get pretty clear what happened....
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