Cognitive Dissonance

"Democracy! Bah! When I hear that I reach for my feather boa!" - Allen Ginsberg

Posts tagged Max Maxfield

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A Reuters investigation has discovered that over 2,000 business are registered at a single-family home in Wyoming.

The house at 2710 Thomes Avenue serves as a little Cayman Island on the Great Plains. It is the headquarters for Wyoming Corporate Services, a business-incorporation specialist that establishes firms which can be used as “shell” companies, paper entities able to hide assets.

Wyoming Corporate Services will help clients create a company, and more: set up a bank account for it; add a lawyer as a corporate director to invoke attorney-client privilege; even appoint stand-in directors and officers as high as CEO. Among its offerings is a variety of shell known as a “shelf” company, which comes with years of regulatory filings behind it, lending a greater feeling of solidity.

Read the full article here.

My husband, Andrew Simons, ran for Secretary of State in Wyoming in 2010 as a Democrat. His opponent championed what he had done to drive shell companies from the state. In Wyoming, they must have a physical presence and this apparently counts…

This is one practice Andrew wanted to change - companies should actually be here, versus just a mailbox and a representative.

So Wyoming, embarrassed yet? You should be. 

(Source: liberalsarecool)

Filed under Wyoming Andrew Simons Secretary of State politics Business fraud Max Maxfield corporations