Many union pensions funds have money invested overseas.Quote from mrbill:
I have always done my best to pay as little taxes as possible, but have not gone out of my way to move money out of the U.S., since that just seems unpatriotic, which I am not.
What time at Hooters on December 8th. ?
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.