That’s just not really true. My fishing partner today is an ex Goldman Sachs hedge manager who also isn’t a national and he had no problem getting an account either. Now I would go on a rant about how you are both douche bags who don’t have enough money worth putting in an offshore and therefore don’t really know how they work, but there are tuna to be caught
Oh don’t mind me… I just have a friend who lived in Cayman her whole life…
I guess I should say it’s not as easy as everyone thinks it is. It is a huge banking center, but the regulations aren’t as relaxed as everyone thinks. blah blah blah
I don’t know the exact details, obviously I wasn’t/have never actually been present for anything relating to the account. I just know it is there, there are other non-nationals with a similar one, and it’s hard to manage an account entirely from over seas
I think you misunderstood my comment. Yes US citizens can have off shore accounts (that’s how 99% of hedge funds operate–like my father’s), but you do not have to actually go to the caymans to trade them. My dad’s fund is based in Cayman, but I don’t think he’s been to the island ever. Nice try though. Also your friend wasn’t a GS hedge fund manager, he managed a proprietary trading fund, 2 different things chief.
On that note, another reason you would offshore would be to protect your money, which at the time that the account was taken out was in a bank that was extremely close to bankrupting, but my father couldn’t transfer his funds to another national bank without a very large penalty being invoked because of a contract he had from managing some of their funds. Anything else you want to pretend you know, champ?
Not how off shore accounts work bud
14 years ago at 9:27 pm^Truth. It is very difficult to get an account in Cayman without being a national.
14 years ago at 11:38 pmThat’s just not really true. My fishing partner today is an ex Goldman Sachs hedge manager who also isn’t a national and he had no problem getting an account either. Now I would go on a rant about how you are both douche bags who don’t have enough money worth putting in an offshore and therefore don’t really know how they work, but there are tuna to be caught
14 years ago at 10:26 amOh don’t mind me… I just have a friend who lived in Cayman her whole life…
I guess I should say it’s not as easy as everyone thinks it is. It is a huge banking center, but the regulations aren’t as relaxed as everyone thinks. blah blah blah
14 years ago at 2:41 pmI don’t know the exact details, obviously I wasn’t/have never actually been present for anything relating to the account. I just know it is there, there are other non-nationals with a similar one, and it’s hard to manage an account entirely from over seas
14 years ago at 4:23 pmI think you misunderstood my comment. Yes US citizens can have off shore accounts (that’s how 99% of hedge funds operate–like my father’s), but you do not have to actually go to the caymans to trade them. My dad’s fund is based in Cayman, but I don’t think he’s been to the island ever. Nice try though. Also your friend wasn’t a GS hedge fund manager, he managed a proprietary trading fund, 2 different things chief.
14 years ago at 12:48 pmThis is fucking stupid.
14 years ago at 9:33 pmSandals vacation? TFTC
14 years ago at 9:36 pmAll inclusive is FAF.
14 years ago at 11:09 pmCayman islands. NF
14 years ago at 10:04 pmSwitzerland. TFM
E-trade babies. Pee
Piggy Bank. TFTC
^This guy
14 years ago at 10:34 pmSwitzerland giving tax evader info to the IRS, NF
14 years ago at 11:43 amWhoa. You must be cool or something.
14 years ago at 10:54 pmWow! Your the man bro!
14 years ago at 11:01 pmyou’re*
14 years ago at 1:49 amdumb ass
Dumbass is one word, shitbrick.
14 years ago at 3:41 amImproper grammar. TFTC.
14 years ago at 2:20 pmCan you prove that? Wanna look that up in a dictionary for me pledge? You illiterate Texas queer
14 years ago at 6:48 pmTFM BRO.
14 years ago at 12:21 amCool fuckin’ story, bro.
14 years ago at 2:08 amFake or not, the Cayman Islands are a great place to go for any reason. I approve of this attempt at a TFM.
14 years ago at 2:12 amsame here, also great name
14 years ago at 2:20 amAvoiding paying taxes to the country you love and live in. NF.
14 years ago at 4:51 amThere’s no way to avoid the income tax or capital gains tax with offshoring, shitbrains. I still pay a gross amount in taxes each year
14 years ago at 10:30 amThe point of offshore is lower tax rates via offshore havens. Don’t you had fish to catch?
14 years ago at 11:17 amI did had fish to catch, and I did done catched them.
14 years ago at 4:12 pmOn that note, another reason you would offshore would be to protect your money, which at the time that the account was taken out was in a bank that was extremely close to bankrupting, but my father couldn’t transfer his funds to another national bank without a very large penalty being invoked because of a contract he had from managing some of their funds. Anything else you want to pretend you know, champ?
14 years ago at 4:15 pm