[Senate Hearing 109-797]
[From the U.S. Government Publishing Office]



                                                        S. Hrg. 109-797

   TAX HAVEN ABUSES: THE ENABLERS, THE TOOLS AND SECRECY--VOL. 2 OF 4

=======================================================================

                                HEARING

                               before the

                PERMANENT SUBCOMMITTEE ON INVESTIGATIONS

                                 of the

                              COMMITTEE ON
                         HOMELAND SECURITY AND
                          GOVERNMENTAL AFFAIRS
                          UNITED STATES SENATE


                       ONE HUNDRED NINTH CONGRESS

                             SECOND SESSION

                               __________

                             AUGUST 1, 2006

                               __________


       Printed for the use of the Committee on Homeland Security
                        and Governmental Affairs

        COMMITTEE ON HOMELAND SECURITY AND GOVERNMENTAL AFFAIRS

                   SUSAN M. COLLINS, Maine, Chairman
TED STEVENS, Alaska                  JOSEPH I. LIEBERMAN, Connecticut
GEORGE V. VOINOVICH, Ohio            CARL LEVIN, Michigan
NORM COLEMAN, Minnesota              DANIEL K. AKAKA, Hawaii
TOM COBURN, Oklahoma                 THOMAS R. CARPER, Delaware
LINCOLN D. CHAFEE, Rhode Island      MARK DAYTON, Minnesota
ROBERT F. BENNETT, Utah              FRANK LAUTENBERG, New Jersey
PETE V. DOMENICI, New Mexico         MARK PRYOR, Arkansas
JOHN W. WARNER, Virginia

           Michael D. Bopp, Staff Director and Chief Counsel
             Michael L. Alexander, Minority Staff Director
                  Trina Driessnack Tyrer, Chief Clerk


                PERMANENT SUBCOMMITTEE ON INVESTIGATIONS

                   NORM COLEMAN, Minnesota, Chairman
TED STEVENS, Alaska                  CARL LEVIN, Michigan
TOM COBURN, Oklahoma                 DANIEL K. AKAKA, Hawaii
LINCOLN D. CHAFEE, Rhode Island      THOMAS R. CARPER, Delaware
ROBERT F. BENNETT, Utah              MARK DAYTON, Minnesota
PETE V. DOMENICI, New Mexico         FRANK LAUTENBERG, New Jersey
JOHN W. WARNER, Virginia             MARK PRYOR, Arkansas

       Raymond V. Shepherd, III, Staff Director and Chief Counsel
                   Leland B. Erickson, Senior Counsel
                     Mark D. Nelson, Senior Counsel
    Elise J. Bean, Staff Director and Chief Counsel to the Minority
    Robert L. Roach, Counsel and Chief Investigator to the Minority
                Laura E. Stuber, Counsel to the Minority
      Zachary I. Schram, Professional Staff Member to the Minority
               Julie Davis, Counsel to Senator Carl Levin
                     Mary D. Robertson, Chief Clerk
                            C O N T E N T S

                                 ------                                
Opening statements:
                                                                   Page
    Senator Coleman..............................................     1
    Senator Levin................................................     5
    Senator Collins..............................................    12
    Senator Lautenberg...........................................    13
    Senator Stevens..............................................    15
    Senator Dayton...............................................    15
    Senator Carper...............................................    76

                               WITNESSES
                        Tuesday, August 1, 2006

Hon. Mark Everson, Commissioner, Internal Revenue Service, 
  Washington, DC.................................................    15
Reuven S. Avi-Yonah, Irwin I. Cohn Professor of Law, University 
  of Michigan School of Law, Ann Arbor, Michigan.................    27
Gary M. Brown, Chairman, Corporate Department, Baker, Donelson, 
  Bearman, Caldwell and Berkowitz, Nashville, Tennessee..........    28
Haim Saban, Saban Capital Group, Inc., Los Angeles, California...    37
Robert Wood Johnson IV, New York, New York.......................    38
Michael C. French, Former Wyly Trust Protector, Dallas, Texas....    39
Louis J. Schaufele III, Securities Broker, Dallas, Texas.........    54
Jeffrey Greenstein, Chief Executive Officer, Quellos Group, LLC, 
  Seattle, Washington............................................    55
Michael G. Conn, Private Bank Northwest Region President, Bank of 
  America, San Francisco, California.............................    56
George T. Wendler, Senior Executive Vice President and Chief 
  Credit Officer, HSBC Bank USA, Marlboro, New Jersey............    58
Michael G. Chatzky, Chatzky and Associates, San Diego, California    79
John P. Barrie, Bryan Cave LLP, Washington, DC...................    82
Lewis R. Steinberg, Former Partner, Cravath, Swaine and Moore, 
  LLP, New York, New York........................................    82
Charles W. Blau, Meadows, Owens, Collier, Reed, Cousins and Blau, 
  Dallas, Texas..................................................    83

                     Alphabetical List of Witnesses

Avi-Yonah, Reuven S.:
    Testimony....................................................    27
    Prepared statement...........................................   111
Barrie, John P.:
    Testimony....................................................    82
Blau, Charles W.:
    Testimony....................................................    83
    Prepared statement...........................................   158
Brown, Gary M.:
    Testimony....................................................    28
    Prepared statement...........................................   120
Chatzky, Michael G.:
    Testimony....................................................    79
Conn, Michael G.:
    Testimony....................................................    56
    Prepared statement...........................................   147
Everson, Hon. Mark:
    Testimony....................................................    15
    Prepared statement with an attachment........................    99
French, Michael C.:
    Testimony....................................................    39
    Prepared statement...........................................   140
Greenstein, Jeffrey:
    Testimony....................................................    55
    Prepared statement...........................................   142
Johnson, Robert Wood IV:
    Testimony....................................................    38
Saban, Haim:
    Testimony....................................................    37
    Prepared statement...........................................   139
Schaufele, Louis J. III:
    Testimony....................................................    54
Steinberg, Lewis R.:
    Testimony....................................................    82
Wendler, George T.:
    Testimony....................................................    58
    Prepared statement...........................................   155

                                APPENDIX

Minority and Majority Staff Report entitled ``Tax Haven Abuses: 
  The Enablers, the Tools and Secrecy''..........................   161

                                EXHIBITS

 1. GWyly Offshore Structure, chart prepared by the Permanent 
  Subcommittee on Investigations, Minority Staff.................   622

 2. GPass-Through Loans, chart prepared by the Permanent 
  Subcommittee on Investigations, Minority Staff.................   623

 3. GTransferring Assets Offshore, chart prepared by the 
  Permanent Subcommittee on Investigations, Minority Staff.......   624

 4. GSome Directions By The Wyly Trust Protectors, chart prepared 
  by the Permanent Subcommittee on Investigations, Minority Staff   629

 5. GSome Directions By The Wylys, chart prepared by the 
  Permanent Subcommittee on Investigations, Minority Staff.......   677

 6. GPOINT Strategy, chart prepared by the Permanent Subcommittee 
  on Investigations, Minority Staff..............................   722

 7. GThe Truth Behind POINT, chart prepared by the Permanent 
  Subcommittee on Investigations, Minority Staff.................   723

 8. GBulldog Trust quote, chart prepared by the Permanent 
  Subcommittee on Investigations, Minority Staff.................   724

 9. a.-g. GCharts related to POINT Strategy prepared by the 
  Permanent Subcommittee on Investigations, Minority Staff....  725-731

10. GSharyl Robertson/Michael French communications with Lorne 
  House Trust, dated April 1992, re: Pitkin Non-Grantor Trust and 
  Bulldog Non-Grantor Trust (. . . reporting/volume selling 
  requirements of these securities. . . . the securities in no 
  way need to be aggregated with the Settlors of the Trusts . . 
  .).............................................................   732

11. a. GSharyl Robertson (Maverick) Correspondence to Ronald 
  Buchanan (Lorne House Trust), dated October 1992, re: 
  Photomatrix Corporation (Mike French and I would like to 
  recommend to the Trustee to purchase the following security 
  from Sam Wyly: . . . shares of Photomatrix Corporation . . .)..   741

    b. GRonald Buchanan (Lorne House Trust) Correspondence to 
      Michael French, dated October 1992, re: Photomatrix 
      Corporation................................................   743

12. GCharles Lubar (Morgan, Lewis & Bockius) Memorandum to 
  Michael French, dated February 1994, re: Tax Consequences of 
  Grantor Trust..................................................   744

13. GRonald Buchanan (Lorne House Trust) Fax to Michael French 
  (Maverick), dated March 1995, re: The Scottish Annuity Company 
  (Cayman) Ltd...................................................   749

14. GMichael French (Maverick) Fax to Shaun Cairns (Wychwood 
  Trust Limited), dated October 1995, re: The Red Mountain Trust 
  and The Lafourche Trust........................................   751

15. GShaun Cairns (Wychwood Trust Limited) Fax to Michael French 
  (Maverick Capital), dated October 1995, re: Lafourche and Red 
  Mountain (We have made additional changes to the 4th Schedule 
  of Lafourche. . . . The genders were a bit mixed up. Could you 
  please let me have your views before I have them signed up and 
  dated. (Back dated).)..........................................   763

16. GShari Robertson (Maverick) Fax to David Bester (Trident 
  Trust), dated August 1997, re: LaFourche Trust (Sam Wyly has 
  executed a Letter of Wishes on behalf of LaFourche Trust.).....   764

17. a. GRonald Buchanan (Lorne House Trust) Fax to Michael French 
  (Maverick), dated March 1995, re: Bulldog & Plaquemines Trusts 
  (Since the purpose of the exercise, as I understand it, is to 
  divide the ownership of Sterling Software we need to split 
  ownership of the underlying companies which own SS between the 
  two trusts.)...................................................   765

    b. GBarbara Rhodes (Lorne House Trust Limited) Fax to Michael 
      French (Maverick), dated March 1995, re: Sterling Software 
      (We intend to transfer East Carroll Limited and East Baton 
      Rouge Limited from Bulldog to Plaquemines, this would mean 
      that Plaquemines would hold 350,000 shares and Bulldog 
      would hold 644,725 shares of Sterling Software.)...........   766

    c. GRB [Ronald Buchanan] Memorandum to AJB, JKB, Shaun 
      Cairns, RJC, FKVC, DJ, JEP, BAR, dated August 1995, re: 
      Plaquemines, Delhi, Assumption & Pueblo Trusts (Wychwood 
      must not be trustee of two sets of trusts which are buying 
      options simultaneously since the amount involved would 
      trigger a reporting requirement.)..........................   767

    d. GRonald Buchanan (Lorne House Trust) Correspondence to 
      A.J. Buchanan (The Wylys, who are officers of and 
      shareholders in SS, have been advised that, in consequence, 
      there is no reporting requirement under SEC regulations, . 
      . .).......................................................   768

18. GMichael French (Maverick) Fax to Ronald Buchanan (Lorne 
  House Trust), dated July 1995, re: Wychwood (Please dispose of 
  this fax after reading, as there will be ample documentation as 
  needed. . . . Wychwood would, in either case, be limited to 
  approximately 600,000 to 700,000 calls, in order to stay under 
  5% of the outstanding shares and avoid SEC reporting.).........   769

19. GShari Robertson Memorandum to Sam, Charles, Evan & Donnie, 
  dated November 1997, re: Compensation and year-end bonus 
  reviews........................................................   770

20. GMichelle Boucher (Irish Trust Group) emails, dated August 
  2001, re: URGENT email for Sam, we need a quick reply on this--
  thanks! (. . . foreign trust system:)..........................   771

21. a. GLouis Schaufele email, dated February 2002, re: accts. 
  (Should the offshore accounts come here they would come as 
  independent new entities, which I would work to maintain.).....   777

    b. GLouis Schaufele email, dated February 2002, re: changes 
      (I wanted to let you know that our entire team has left 
      Lehman Brothers and joined Banc of America Securities.)....   778

    c. GKeeley Hennington/Michelle Boucher emails, dated February 
      2002, re: Lehmans (Lou's move to BofA was final last week. 
      Sam & Charles have consented to moving all their stuff with 
      him.)......................................................   779

    d. GLouis Schaufele email, dated March 2002, re: IOM (I am 
      very aware of the know your customer rule and I know these 
      customers very well . . .).................................   781

    e. GZachary Pinard (Fidelity Investments) email, dated 
      January 2004, re: URGENT REQUEST FOR INFORMATION FOR: 
      [Acct. Redacted by Subcommittee] Devotion LTD--Bank of 
      America Correspondent (Who is the beneficial owner of this 
      account?)..................................................   782

    f. GMichele Crittenden/Margo Hursh emails, dated January 
      2004, re: URGENT REQUEST FOR INFORMATION FOR: [Acct. 
      Redacted by Subcommittee] Devotion LTD--Bank of America 
      Correspondent (Devotion Ltd. is an offshore corporation 
      (Incorporated in the Isle of Man), which serves as an 
      investment entity. The beneficial owner of the entity is an 
      offshore grantor trust . . . the beneficiaries of which are 
      U.S. individuals.).........................................   783

    g. GMargo Hursh/Denise Wollard emails, dated February 2004, 
      re: Account Inquiry--Various (My concern is that I do not 
      believe that this company is reporting the ownership of the 
      shares adequately.)........................................   785

    h. GBarry Harris/Louis Schaufele emails, dated March 2004, 
      re: need some offshore help (Is it sufficient to say that 
      the beneficiaries of the trust are members of the Charles 
      Wyly family and their immediate children and grandchildren 
      subject to the discretion of the trustee?).................   789

    i. GMichelle Boucher/Michele Crittenden emails, dated April 
      2004, re: bofa (Last week you mentioned that an acceptable 
      financial institution for purposes of providing 
      certification that BofA/NFS requires would be a US 
      regulated insurance company. Please confirm back to me that 
      Scottish Re Group Limited would be an acceptable entity.)..   791

    j. GLouis Schaufele email, dated April 2004, re: regular 
      (First let me say I am sorry for all of this run around on 
      the offshores.)............................................   792

    k. GLori Bensing email, dated April 2004, re: Michaels 
      Account (Here is where we are with the Michaels accounts. I 
      understand that Michele Boucher has agreed to give Bank of 
      America the beneficial ownership information, . . .).......   793

     l. GLouis Schaufele email, dated April 2004, re: same old 
      subject (do we need to set up a call with Phil, myself and 
      charles pulman?)...........................................   794

    m. GLouis Schaufele emails, dated May 2004, re: AML Issues 
      (What if we got a list of the beneficiaries that was 
      somewhat vague: . . .).....................................   795

    n. GLouis Schaufele email, dated May 2004, (I did talk to 
      David about giving a letter that stated names of 
      beneficiaries but did not tie the beneficiaries to a 
      specific acct.)............................................   796

    o. GLouis Schaufele email, dated May 2004, re: help (Also can 
      you get Meadows Owens . . .)...............................   797

    p. GDaniel Robey/Louis Schaufele emails, dated May 2004, re: 
      Isle of Man (IOM) (I am being told that because of the 
      Patriot Act we need to know whom the actual beneficiaries 
      are.)......................................................   798

    q. GLouis Schaufele email, dated May 2004, re: IOM (Set forth 
      below is the relevant text of Section 312 of Patriot Act.).   800

    r. GTimothy Maloney/Barry Harris emails, dated June 2004, re: 
      Wileys [sic]--Attorney/client Privileged (Participate in 
      the joint retention by all Wiley [sic] trust beneficiaries 
      . . . of an outside law firm . . . to perform the AML and 
      Patriot checks that BAI and NFS require.)..................   803

    s. GBarry Harris emails, dated July 2004, re: A/C 
      Privileged--Wyley [sic] Offshore Trust Accounts--Update (We 
      developed the following proposal: NFS will prepare written 
      questions which they need answered to continue to support 
      the accounts; BAI will add any questions which it believes 
      need to be answered.)......................................   807

    t. GLouis Schaufele/Lori Bensing/Margo Hursh emails, dated 
      July 2004, re: AML Inquiry--Account(s): Offshore Trident 
      Trusts (Please respond to the following questions regarding 
      the accounts listed below. . . . Who are the beneficial 
      owners, clients, principals, etc. of each account?)........   810

    u. GSteve Ganis (Anti-Money Laundering Officer, National 
      Financial Services LLC) Memorandum to Barry Harris (Chief 
      Counsel, Bank of America Investment Services, Inc.), dated 
      September 2004, re: Requests Concerning Certain Bank of 
      America Accounts (. . . here follows a list of questions to 
      be answered and information to be provided in order to 
      understand certain activity patterns in certain accounts 
      introduced to National Financial Services LLC (``NFS'') by 
      Bank of America Investment Securities, Inc.)...............   812

    v. GJennifer Moran emails, dated October 2004, re: new copy 
      for Barry Harris--MIK questions for BofA.doc (While I 
      understand the politics we feel that this is your customer 
      and that the list of questions should come from you as 
      broker dealer).............................................   817

    w. GPhil White/Louis Schaufele/Timothy Maloney emails, dated 
      October 2004, re: Michaels Stores (It seems that 144 and 
      affiliation is a question along with AML issues.)..........   819

    x. GTimothy Maloney (Bank of America) Correspondence to 
      Francis Webb (Trident Trust), dated October 22, 2004, (. . 
      . it is necessary for Bank of America to obtain the 
      information for each entity, natural person or trust that 
      directly or indirectly owns, controls or holds a beneficial 
      ownership interest in whole or in part in any of the 
      accounts listed below.)....................................   824

    y. GFrancis Webb (Trident Trust) Correspondence to Timothy 
      Maloney (Bank of America), dated October 2004, (I confirm 
      receipt of your letter dated 22 October 2004. . . . please 
      clarify the following items: Why the information is being 
      requested.)................................................   826

    z. GMichelle Boucher/Timothy Maloney Correspondence, dated 
      November 2004, (Given my vast experience in these matters I 
      would like to say that the manner in which your institution 
      has dealt with the due diligence collection process on the 
      above accounts appalls and enrages me.)....................   827

22. GSterling Software Trades, Date 12-Dec-95....................   831

23. GSSW Swap Execution Report, Sarnia, Greenbriar, Quayle, dated 
  October 13, 1999...............................................   832

24. GShari Robertson Memorandum to Lou Schaufele, dated July 
  1999, (. . . option exercise for some of the offshore entities 
  . . .).........................................................   833

25. GKeeley Hennington emails, dated October 2001, re: Urgent--
  Charles, Quayle (Hey, Charles called and wanted to sell 100,000 
  shares of MIKE at $42.00 or better today and asked me to call 
  Lehman. They were okay with my verbal and just need you to 
  follow up and get some instruction from the trustees also.)....   834

26. GRodney Owens email, dated February 2001, re: Sam Wyly Family 
  Foreign Trust Planning.........................................   837

27. a. GRodney Owens (Meadows, Owens, Collier, Reed, Cousins & 
  Blau, L.L.P.) Memorandum, dated December 1998, re: Plaquemines, 
  Bulldog and Pitkin Trust Matters (Plaquemines Reappointment 
  Matters).......................................................   865

    b. GDavid Harris/Rodney Owens email, dated December 1998, re: 
      Plaquemines etc. (Local counsel's preference is for 
      beneficiary consent to be obtained to the Bulldog and 
      Pitkin applications; . . .)................................   867

    c. GDavis Harris (IFG International Limited)/Meadows Owens 
      Fax, dated March 2004, (I attach a copy of the proposed 
      Deed of Declaration unwinding Bulldog II, . . .)...........   868

28. GMichelle Boucher (The Irish Trust Company (Cayman) Ltd) Fax 
  to Charles Wyly, dated October 2000, (. . . we have a 
  substantive meeting set up in Cayman for November 28th, which 
  we hope will move us well forward to establishing the Protector 
  Company.). Attached is List of Candidates for Protector or 
  Directors of the Protector Company:)...........................   869

29. a. GMichelle Boucher/Shari Robertson email, dated November 
  2000, re: split dollar life insurance in foreign trusts (Just a 
  quick outline of how it works, and how Rodney thinks we can use 
  it to effectively freeze growth in the 1992's).................   871

    b. GMichelle Boucher email, dated November 2000, re: sub-
      funds (At this point, we are looking at allocating 
      approximately 20% of the major trust assets to sub funds, . 
      . .).......................................................   872

    c. GMichelle Boucher/Evan Wyly email, dated December 2000, 
      re: subtrust (But, this will largely be a US tax issue.)...   874

    d. GMichelle Boucher Fax to Sam Wyly, dated May 2001, (I've 
      attached a schedule of allocations for the 6 sub-funds to 
      the offshore trusts.)......................................   875

    e. GMichelle Boucher email, dated May 2001, re: update on 
      sub-fund llc creation (Also, Keeley and I are also looking 
      at a structure that Rodney Owens outlined to us, . . . It 
      is a ``frozen LLC,'' . . .)................................   878

30. GBilling Breakdown related to Irish Trust....................   879

31. GMichelle Boucher/Louis Schaufele email, dated April 2004, 
  re: Charles Pulman.............................................   880

32. GSBC Communications Inc. Correspondence to Sam, Charles and 
  Evan Wyly, dated January 2001, re: SBC/Sterling Commerce (. . . 
  SBC is preparing to issue a Form 1099 to you/your trust showing 
  taxable income . . .)..........................................   882

33. a. GKeeley Hennington/Michelle Boucher email, dated January 
  2001, re: 1099's...............................................   885

    b. GKelley Hennington/Rodney Owens email, dated January 2001, 
      re: Option info (The option income SBC is concerned with 
      are those that were sold in 96 in exchange for private 
      annuities.)................................................   886

    c. GKeeley Hennington/Michelle Boucher email, dated January 
      2001, re: 1099 (Shari suggests that we ask Rodney to word 
      the letter to SBC in an opinion form, . . .)...............   887

    d. GKeeley Hennington/Michelle Boucher email, dated January 
      2001, (I am faxing Rodney's 1099 memo to you now.).........   888

    e. GCorrespondence of Rodney J. Owens (Meadows, Owens, 
      Collier, Reed, Cousins & Blau, L.L.P.), dated January 26, 
      2001, re: Purchase of Sterling Commerce Option from Elysium 
      Limited. (Elysium Limited is a foreign corporation 
      organized and residing in the Isle of Man. Accordingly, it 
      is not appropriate for SBC to file a Form 1099, . . .).....   889

    f. GCorrespondence of Rodney J. Owens (Meadows, Owens, 
      Collier, Reed, Cousins & Blau, L.L.P.), dated January 26, 
      2001, re: Purchase of Sterling Commerce Option from Moberly 
      Limited. (Moberly Limited is a foreign corporation 
      organized and residing in the Isle of Man. Accordingly, it 
      is not appropriate for SBC to file a Form 1099, . . .).....   891

    g. GCorrespondence of Rodney J. Owens (Meadows, Owens, 
      Collier, Reed, Cousins & Blau, L.L.P.), dated January 26, 
      2001, re: Purchase of Sterling Commerce Option from 
      Atlantis Limited. (Atlantis Limited is a foreign 
      corporation organized and residing in the Isle of Man. 
      Accordingly, it is not appropriate for SBC to file a Form 
      1099, . . .)...............................................   893

    h. GMichelle Boucher/Keeley Hennington email, dated June 
      2002, re: CA Audit (After discussions with Rodney I am 
      planning to make the following response to the guy at CA 
      that is working on the audit.).............................   895

34. a. GLegal Opinion prepared by David Tedder, Pratter, Tedder & 
  Graves, dated February and April 1992, re: Sterling Software 
  Warrants and Michaels Stores Options to a Nevada Corporation 
  for a Private Annuity..........................................   896

    b. GMichael Chatzky Correspondence to David Tedder/Michael 
      French, dated April 1992, attaching April 1992 Tax Opinion 
      prepared by Pratter, Tedder & Graves.......................   922

    c. GShari Robertson Memorandum to David Tedder, Mike Chatzky 
      and Bob Bere, dated February 1993, re: Tax Compliance 
      (Lorne House needs advice on the tax compliance issues that 
      must be met.)..............................................   939

    d. GLegal Opinion prepared by Chatzky and Associates, dated 
      February 1996, re: The Tallulah International Trust........   941

    e. GLegal Opinion prepared by Chatzky and Associates, dated 
      March 1996, re: The Woody International Trust..............   961

35. a. GCharles Wyly Memorandum to Michelle Boucher (Irish Trust 
  Group), dated March 2000, re: SSW Options (Sam and I recommend 
  to our protectors that all the Sterling Software options be 
  converted to CA options.)......................................   983

    b. GEvan Wyly/Sam Wyly/Michelle Boucher emails, dated April 
      2000, re: Michaels Shares (Sam recommends that the trustees 
      exercise and sell the remainder of the Michaels options 
      that expire this summer. Sell at $40 or better.)...........   984

    c. GKeeley Hennington/Michelle Boucher (Irish Trust Group) 
      emails, dated February 2001, (I was talking to Charles 
      yesterday and he was kind of thinking out loud on some 
      stuff. He was talking about use of off-shore cash . . .)...   985

    d. GEvan Wyly/Michelle Boucher (Irish Trust Group) emails, 
      dated November 2000, re: intelecon (Remember that it is 
      critical from a U.S. tax standpoint that there is no 
      appearance that the Wyly's are in control of the trusts or 
      the protectors.)...........................................   986

36. GMichelle Boucher (Irish Trust Group)/CWyly/Shari Robertson 
  email, dated March 2000, re: First Dallas International update.   988

37. GEvan Wyly/Michelle Boucher (Irish Trust Group) emails, dated 
  September 2000, re: michaels sales offshore (I spoke to Sam 
  today, he wants us to proceed with selling 200,000 Michaels 
  Stores shares from offshore to aid in raising funds for Ranger/
  Precept projects.).............................................   989

38. GDocument entitled, Bulldog Trust, dated June 2003, prepared 
  by IFG International Limited, Douglas, Isle of Man.............   990

39. GShari [Robertson] Memorandum, dated May 2000, re: Recap of 
  the Isle of Man Trip...........................................   992

40. G2001 foreign and domestic investments in Maverick, Ranger 
  and Precept....................................................   996

41. GTwo Mile Ranch Management Trust and Rosemary's Circle R 
  Ranch Management Trust, Priced at 12/31/01 and 12/31/04........   999

42. GKeeley Hennington/Michelle Boucher emails, dated June 2001, 
  re: allocations to LLCs........................................  1001

43. a. GRichard D. Eiseman Jewels Invoice, dated November 2000, 
  re: $667,000 Diamond Ring and $759,000 Diamond Necklace (The 
  invoices should be sent to: Soulieana, Ltd., Douglas, Isle of 
  Man.)..........................................................  1005

    b. GAmy Browing Fax, dated February 1997, re: Soulieana 
      Limited purchases (The Wyly name should not be noted on the 
      invoices.).................................................  1010

44. GDocuments regarding July 1996 acquisition of ``Noon Day 
  Rest'' painting................................................  1011

45. GEngagement letters--Haim Saban--2001:

    a. GQuellos Financial Advisors, LLC;.........................  1027

    b. GEuram Bank;..............................................  1038

    c. GQuellos Custom Strategies LLC............................  1043

46. GEngagement letter--Robert W. Johnson, IV and Quadra 
  Financial Group, L.P., 2000....................................  1052

47. a. GTitanium Trading Partners LLC, Final Consolidated 
  Profitability--11/13/01........................................  1058

    b. GTitanium Trading Partners LLC, Portfolio as of 9/24/01...  1060

    c. GTitanium Trading Partners LLC, Collar Analysis...........  1065

48. a. GRobert W. Johnson, IV, Reka Limited Purchase Analysis....  1067

    b. GBrian Hanson (Quellos) email, dated March 2002, re: Reka.  1069

    c. GPOINT--One Year Duration (Warrant Outstanding), One Year 
      Profitability Analysis: Projected P&L......................  1071

    d. GRobert W. Johnson, IV--Reka Limited, Summary as of June 
      5, 2000....................................................  1074

49. a. GJoel Latman (The Johnson Company, Inc.) Fax to Andy 
  Robbins (Quadra), dated April 2000, (The amount of Loss that we 
  use should be $145.)...........................................  1075

    b. GJeff Greenstein/Chuck Wilk emails, dated December 1999, 
      re: JETS (. . . until the losses are generated.)...........  1076

    c. GLarry Scheinfeld/Chuck Wilk emails, dated August 2000, 
      re: POINT (. . . we may be able to generate 2000 loss.)....  1077

    d. GJeff Greenstein email, dated May 2000, re: POINT (We will 
      try to add more positions to generate losses . . .)........  1078

50. a. GJeff Greenstein (Quadra)/Joel Latman (Johnson Company) 
  Fax, dated February 2000, (. . . upfront cash requirements to 
  be 6-7% of the anticipated losses . . .).......................  1080

    b. GJohn Baier email, dated April 2000, re: Woody docs (The 
      total PV fee of 2.7mm is 2% of the 135mm notional amount of 
      the trade.)................................................  1081

    c. GChuck Wilk/Rajan Puri/Christopher Hirata emails, dated 
      June 2000, re: Triskelion Wires (We understand you were 
      extracting fees representing 1% of the initial losses 
      generated . . .)...........................................  1082

    d. GLarry Scheinfeld email, dated November 2000, re: POINT 
      PRICING (. . . fees (they are based on the loss amount).)..  1084

51. a.-k. GStock purchase and lending agreements............  1085-1128

52. a. GJohn Staddon/Chuck Wilk emails, dated April 2000, re: 
  Point (. . . there is a commercial risk . . . that the client 
  turns round under a certain scenario and claims to have been 
  misled as to the nature of the share trading between the two 
  IoM companies.)................................................  1129

    b. GJohn Staddon/Jeff Greenstein/Chuck Wilk emails, dated 
      April 2000, re: [Name redacted by the Subcommittee] trade 
      (. . . I also need confirmation from you that [name 
      redacted by the Subcommittee] and/or his advisers is aware 
      of the book entry features of the structure.)..............  1131

53. a. GWoodglen I LLC Correspondence to Jeff Greenstein 
  (Quellos), dated October 2004, re: Reka Limited (We understand 
  from our representatives, that Quellos has indicated that no 
  actual shares may have been transferred.)......................  1133

    b. GCharles Wilk (Quellos) Correspondence to Woodglen I, LLC, 
      dated November 2004, (What was stated was that we believe 
      from the documents we have reviewed that the referenced 
      transactions were OTC contracts, and, therefore, there were 
      probably no exchange traded transactions of the shares.)...  1135

    c. GCharles Wilk (Quellos) Correspondence to Woodglen I, LLC, 
      dated November 2004, re: Reka Limited (. . . it appears 
      that the transactions involved over-the-counter (``OTC'') 
      sales of rights to an underlying portfolio of stock (the 
      ``Portfolio'') by Jackstones to Barnville.)................  1136

54. GCorrespondence between John Staddon (European American 
  Investment Group) and the Senate Permanent Subcommittee on 
  Investigations, dated July 2006, re: Barnville and Jackstones 
  (. . . the portfolio of securities traded by and between 
  Barnville and Jackstones was of a purely contractual book-entry 
  nature. . . . no physical transfer of shares were made. No 
  transactions took place over any exchange and no cash transfers 
  passed between bank accounts of the two companies.)............  1138

55. GJohn Staddon email, dated July 2000, re: Promissory note (I 
  had assumed that we would be having a circular funding pattern 
  . . . such that no cash would need to actually pass i.e. purely 
  book entry.)...................................................  1152

56. a. GChuck Wilk/Jeff Greenstein email, dated August 1999, re: 
  POINT STRATEGY.................................................  1153

    b. GRajan Puri (Euram)/Chuck Wilk (Quellos) emails, dated 
      April 2000, re: Further Revisions to POINT (. . . given the 
      ``virtual'' nature of the warrant issue . . .).............  1156

    c. GReka Limited, US Call Warrants due 2005, Subscription 
      Agreement, dated May 2000..................................  1158

    d. GEA Investment Services Limited Correspondence to Reka 
      Limited, dated June 2000, (. . . 1000 covered call warrants 
      issued by Reka Limited on 5 May 2000 . . .)................  1166

    e. GEA Investment Services Limited Correspondence to Titanium 
      Trading Partners LLC, dated November 2001, (. . . 1000 
      covered call warrants issued by Titanium Trading Partners 
      LLC on September 11, 2001 . . .)...........................  1168

57. a. GAnnual Return of Barnville Limited.......................  1171

    b. GFinancial Supervision Commission, Isle of Man, Barnville 
      Limited....................................................  1175

    c. GAnnual Return of Jackstones Limited......................  1176

    d. GFinancial Supervision Commission, Isle of Man, Jackstones 
      Limited....................................................  1179

58. GChuck Wilk emails, dated August 2001, re: Ownership 
  (Barnville is owned jointly by Claycroft Limited and Dalecroft 
  Limited, both Isle of Man companies. . . . I am not at all keen 
  on revealing the ultimate beneficial owner.)...................  1180

59. a. GHSBC Account Application for Barnville Limited...........  1181

    b. GMary Pan/Russell Schreiber (HSBC) email, dated August 
      2001, re: Barnville and Jackstone..........................  1183

    c. GHSBC Know Your Customer Information for Barnville Limited  1184

    d. GHSBC INDIVIDUAL INFORMATION--KNOW YOUR CLIENT for 
      Barnville Limited..........................................  1186

60. a. GHSBC Memorandum, dated August 2001, re: NON-CIB GROUP: 
  HAIM SABAN FAMILY GROUP........................................  1187

    b. GDocument regarding Quellos/HSBC transaction (The deferral 
      of $700-750 million for 5 to 10 years is the economic 
      benefit that provides Quellos with its fee.)...............  1190

    c. GRussell Schreiber/Mary Pan email, dated September 2001, 
      re: Silverlight Enterprises, L.P...........................  1192

61. a. GChuck Wilk/John Barrie emails, dated August 2001, re: 
  timing issues Revised Checklist (. . . from a tax standpoint, I 
  think Silverlight ought to hold newco with Titanium at least a 
  day or two to establish factually its ownership interest 
  (important for basis shift) to better avoid argument that 
  ownership is transitory and could be ignored on a step 
  transaction argument . . .)....................................  1193

    b. GChuck Wilk/John Barrie emails, dated August 2001, re: 
      Purchase Agreement.........................................  1195

    c. GJohn Barrie email, dated August 2001, re: Titanium 
      Trading Partners LLC (Returns are calculated based on the 
      sum of the costs of the collar, financing, loan fee and 
      structuring fees as a percentage of the net gain/(loss) for 
      each profitability scenario.)..............................  1196

    d. GLana Phillips email, dated September 2001, re: Revised 
      Consents (I'd rather not indicate the sequence of these 
      documents in their titles because the creation and 
      ownership of the LLC by Barnville and EAICS must be 
      completely independent. . . . Showing a clear sequence 
      seems to betray that independence.)........................  1197

    e. GElizabeth Smith/Chuck Wilk email, dated June 2002, (. . . 
      would it be reasonable to assume . . . that the opinion 
      should be done by the end of June?)........................  1198

62. a. GChuck Wilk email, dated December 1999, re: POINT trade (I 
  had a meeting this week with Lew Steinberg of Cravath Swaine & 
  Moore to finalize the draft of the opinion and to review the 
  economics of the trade.).......................................  1199

    b. GChristopher Hirata email, dated April 2000, re: POINT 
      (During our phone conference with Lew Steinberg, we 
      concluded that on 12/31/00 we would have a portion of the 
      loan balance outstanding, . . .)...........................  1200

    c. GJeff Greenstein/Andrew Robbins emails, dated September 
      2000, (Do we need to speak with Cravath to be certain as to 
      where to strike the call in order to provide enough 
      economics or do we already know this?).....................  1201

    d. GLegal Opinion prepared by Cravath, Swaine & Moore, dated 
      August 2000, re: POINT Strategy............................  1202

63. a. GLegal Opinion prepared by Bryan Cave LLP, dated October 
  2002, re: POINT Strategy.......................................  1226

    b. GRepresentation Certificate of Haim Saban for Legal 
      Opinion prepared by Bryan Cave LLP.........................  1287

    c. GRepresentation Certificate of Chuck Wilk for Legal 
      Opinion prepared by Bryan Cave LLP.........................  1292

    d. GRepresentation Certificate of Titanium Acquisition 
      Corporation for Legal Opinion prepared by Bryan Cave LLP...  1302

    e. GRepresentation Certificate of Titanium Trading Partners 
      LLC for Legal Opinion prepared by Bryan Cave LLP...........  1308

64. GCorrespondence from William A. Brewer III, Bickel & Brewer, 
  legal counsel to Charles and Sam Wyly, to the Permanent 
  Subcommittee on Investigations, dated July 2006, re: assertion 
  of rights under the Fifth Amendment............................  1310

65. GResponses to supplemental questions for the record submitted 
  to:

    a. GThe Honorable Mark Everson, Commissioner, Internal 
      Revenue Service;...........................................  1312

    b. GMichael Conn, Private Bank Northwest Region President, 
      Bank of America;...........................................  1317

    c. GGeorge T. Wendler, Senior Executive Vice President and 
      Chief Credit Officer, HSBC Bank USA, N.S.;.................  1320

    d. GJeffrey Greenstein, Chief Executive Officer, Quellos 
      Group, LLC;................................................  1329

    e. GLouis J. Schaufele III;..................................  1679

    f. GMichael Chatzky, Chatzky & Associates....................  1700

                                VOLUME 2

66. GMaterials relating to Footnotes and Additional Documents 
  cited in Tax Haven Abuses: The Enablers, The Tools, And 
  Offshore Secrecy, a Report prepared by the Minority and 
  Majority Staff of the Permanent Subcommittee on Investigations 
  in conjunction with the Subcommittee hearing held August 1, 
  2006:..........................................................  1743

[Note: Footnotes not listed are explanative, reference 
  Subcommittee interviews for which records are not available to 
  the public, or reference a widely available public document.]

  [*] Retained in the files of the Subcommittee.

Footnote No. 29, See Attachment..................................  1743

Footnote No. 33, See Attachment..................................  1749

Footnote No. 34, See Attachment..................................  1752

Footnote No. 38, See Attachment..................................  1753

Footnote No. 39, See Footnote No. 38 (above).....................  1753

Footnote No. 44, See Attachments (3).............................  1776

Footnote No. 48, See Attachment..................................  1779

Footnote No. 50, See Attachment..................................  1780

Footnote No. 51, See Attachment..................................  1781

Footnote No. 53, See Attachment..................................  1782

Footnote No. 54, See Attachment..................................  1783

Footnote No. 55, See Footnote No. 54 (above).....................  1783

Footnote No. 56, See Attachment..................................  1804

Footnote No. 61, See Attachment..................................  1832

Footnote No. 63, See Footnote No. 48 (above).....................  1779

Footnote No. 64, See Attachment..................................  1834

Footnote No. 65, See Footnote No. 64 (above).....................  1834

Footnote No. 70, See Attachment..................................  1839

Footnote No. 71, See Attachment..................................  1841

Footnote No. 77, See Attachment..................................  1843

Footnote No. 78, See Attachment..................................  1846

Footnote No. 79, See Attachment..................................  1847

Footnote No. 81, See Attachment..................................  1851

Footnote No. 82, See Attachment..................................  1852

Footnote No. 83, See Attachment..................................  1854

Footnote No. 84, See Attachment..................................  1862

Footnote No. 86, See Footnote No. 83 (above).....................  1854

Footnote No. 91, See Attachment..................................  1869

Footnote Nos. 92-94, See Footnote No. 91 (above).................  1869

Footnote No. 96, See Attachment..................................  1907

Footnote No. 97, See Attachment..................................  1908

Footnote No. 98, See Attachment..................................  1909

Footnote No. 113, See Attachment.................................  1910

Footnote No. 115, See Attachment.................................  1911

Footnote No. 116, See Attachment.................................  1912

Footnote No. 118, See Attachments (2)............................  1918

Footnote No. 119, See Attachments (2)............................  1920

Footnote No. 120, See Attachment.................................  1930

Footnote No. 121, See Attachment.................................  1932

Footnote No. 122, See Attachment.................................  1933

Footnote No. 123, See Footnote No. 122 (above)...................  1933

Footnote No. 124, See Attachment.................................  1945

Footnote No. 126, See Attachment.................................  1951

Footnote No. 129, See Attachments (2)............................  1952

Footnote No. 130, See Footnote No. 129 (above)...................  1952

Footnote No. 131 and 134, See Attachment.........................  1985

Footnote Nos. 135-137 and 139, See Footnote No. 129 (above)......  1952

Footnote No. 140, See Footnote No. 131 (above)...................  1985

Footnote No. 142, See Footnote No. 129 (above)...................  1952

Footnote No. 143, See Attachment and Footnote No. 129 (above)....  1993

Footnote Nos. 144, 146-147, and 149, See Footnote No. 143 (above)  1993

Footnote Nos. 155-158, See Footnote No. 129 (above)..............  1952

Footnote Nos. 159-163, See Footnote No. 131 (above)..............  1985

Footnote No. 164, See Footnote No. 129 (above)...................  1952

Footnote No. 165, See Attachment.................................  2006

Footnote No. 174, See Attachment.................................  2025

Footnote Nos. 175-176, See Footnote No. 174 (above)..............  2025

Footnote No. 179, See Attachments (3)............................  2030

Footnote No. 180, See Attachments (2)............................  2039

Footnote No. 181, See Footnote No. 179 (above)...................  2030

Footnote No. 183, See Attachment.................................  2043

Footnote No. 185, See Attachment.................................  2044

Footnote No. 186, See Attachment.................................  2045

Footnote No. 187, See Attachment.................................  2047

Footnote No. 188, See Attachment.................................  2048

Footnote No. 189, See Attachment.................................  2049

Footnote No. 195, See Attachments (2) (1 of 2 is a SEALED 
  EXHIBIT) *.....................................................  2050

Footnote No. 197, See Attachment.................................  2053

Footnote No. 199, See Attachment.................................  2056

Footnote No. 201, See Attachment.................................  2065

Footnote No. 202, See Attachment.................................  2069

Footnote No. 203, See Attachment.................................  2071

Footnote No. 204, See Attachment.................................  2074

Footnote No. 205, See Attachment.................................  2078

Footnote No. 206, See Footnote No. 201 (above)...................  2065

Footnote No. 207, See Attachments (6)............................  2082

Footnote No. 208, See Footnote No. 201 (above)...................  2065

Footnote No. 209, See Attachment.................................  2108

Footnote No. 211, See Attachment.................................  2111

Footnote No. 212, See Attachment.................................  2113

Footnote Nos. 214-215, See Footnote No. 211 (above)..............  2111

Footnote No. 216, See Attachments (3)............................  2115

Footnote No. 218, See Attachments (2)............................  2122

Footnote No. 219, See Attachment.................................  2124

Footnote No. 220, See Attachment.................................  2127

Footnote No. 221, See Attachments (2)............................  2131

Footnote No. 222, See Attachments (2)............................  2133

Footnote No. 223, See Attachments (2)............................  2147

Footnote No. 224, See Attachments (2)............................  2149

Footnote No. 226, See Attachments (2)............................  2157

Footnote No. 227, See Attachments (2)............................  2165

Footnote No. 228, See Footnote No. 226 (above)...................  2157

Footnote No. 229, See Attachments (2)............................  2179

Footnote No. 230, See Footnote No. 229 (above)...................  2179

Footnote No. 234, See Footnote Nos. 212 and 216 (above)......2113, 2115

Footnote No. 235, See Footnote No. 209 (above)...................  2108

Footnote No. 236, See Footnote No. 195 (above)...................  2050

Footnote No. 237, See Attachment.................................  2186

Footnote No. 238, See Footnote No. 212 (above)...................  2113

Footnote No. 239, See Footnote No. 237 (above)...................  2186

Footnote No. 240, See Attachment.................................  2187

Footnote No. 242, See Attachments (3)............................  2192

Footnote No. 243, See Footnote No. 220 (above)...................  2127

Footnote No. 244, See Attachment.................................  2197

Footnote No. 245, See Attachment.................................  2199

Footnote No. 247, See Attachment.................................  2205

Footnote No. 248, See Attachments (2)............................  2207

Footnote No. 249, See Attachment.................................  2209

Footnote Nos. 250-251, See Footnote No. 249 (above)..............  2209

Footnote No. 252, See Attachment.................................  2210

Footnote No. 253, See Attachment.................................  2211

Footnote No. 254, See Attachment.................................  2212

Footnote No. 258, See Attachment.................................  2213

Footnote No. 260, See Attachment.................................  2214

Footnote No. 261, See Attachment.................................  2215

Footnote No. 262, See Attachment.................................  2216

Footnote No. 263, See Attachment.................................  2217

Footnote No. 264, See Footnote No. 180 (above)...................  2039

Footnote No. 267, See Attachments (3)............................  2218

Footnote No. 268, See Footnote No. 180 (above)...................  2039

Footnote No. 269, See Footnote No. 179 (above)...................  2030

Footnote No. 270, See Attachment.................................  2221

Footnote No. 271, See Attachments (2)............................  2228

Footnote No. 272, See Footnote No. 270 (above)...................  2221

Footnote No. 273, See Attachment.................................  2231

Footnote No. 274, See Attachment.................................  2234

Footnote No. 275, See Attachment.................................  2239

Footnote No. 276, See Attachment.................................  2256

Footnote No. 277, See Attachment.................................  2258

Footnote No. 278, See Attachment.................................  2259

Footnote No. 279, See Attachment.................................  2260

Footnote No. 280, See Attachment.................................  2261

Footnote No. 281, See Attachment.................................  2262

Footnote No. 282, See Attachment.................................  2264

Footnote No. 283, See Attachment.................................  2268

Footnote No. 284, See Attachments (3)............................  2269

Footnote No. 285, See Footnote No. 283 (above)...................  2268

Footnote No. 286, See Attachments (3)............................  2284

Footnote No. 287, See Attachment.................................  2299

Footnote No. 289, See Attachments (3)............................  2304

Footnote No. 291, See Attachments (2)............................  2307

Footnote No. 292, See Attachments (2)............................  2316

Footnote No. 296, See Attachment.................................  2336

Footnote No. 297, See Attachments (2)............................  2337

Footnote No. 298, See Attachment.................................  2341

Footnote No. 299, See Attachment.................................  2343

Footnote Nos. 300-301, See Footnote No. 299 (above)..............  2343

Footnote No. 302, See Attachment.................................  2346

Footnote No. 303, See Attachment.................................  2350

Footnote No. 304, See Attachment.................................  2352

Footnote No. 305, See Attachment.................................  2354

Footnote No. 306, See Attachments (2)............................  2355

Footnote No. 307, See Attachments (2)............................  2357

Footnote No. 309, See Attachment.................................  2359

Footnote No. 310, See Footnote Nos. 284 and 286 (above)......2269, 2284

Footnote No. 311, See Attachment.................................  2360

Footnote No. 312, See Attachment.................................  2361

Footnote No. 313, See Attachments (3)............................  2362

Footnote No. 315, See Attachments (5)............................  2365

Footnote No. 318, See Attachment.................................  2382

Footnote No. 319, See Footnote No. 318 (above)...................  2382

Footnote No. 320, See Attachment.................................  2383

Footnote No. 321, See Attachment.................................  2384

Footnote No. 322, See Attachment.................................  2385

Footnote No. 323, See Attachment.................................  2386

Footnote No. 324, See Attachment.................................  2387

Footnote No. 325, See Attachment.................................  2388

Footnote No. 326, See Attachments (3)............................  2389

Footnote No. 327, See Attachments (2)............................  2392

Footnote No. 329, See Attachment.................................  2394

Footnote No. 330, See Attachments (2)............................  2400

Footnote No. 331, See Attachment.................................  2404

Footnote No. 332, See Attachment.................................  2409

Footnote No. 333, See Attachment.................................  2411

Footnote No. 335, See Attachment.................................  2413

Footnote No. 336, See Attachment.................................  2414

Footnote No. 337, See Attachments (2)............................  2415

Footnote No. 338, See Attachment.................................  2422

Footnote No. 339, See Attachment.................................  2424

Footnote Nos. 340-341, See Footnote No. 339 (above)..............  2424

Footnote No. 344, See Attachment.................................  2448

Footnote No. 347, See Attachment.................................  2450

Footnote Nos. 348-350, See Footnote No. 347 (above)..............  2450

Footnote No. 351, See Attachment.................................  2451

Footnote No. 352, See Footnote No. 351 (above)...................  2451

Footnote No. 353, See Attachment.................................  2452

Footnote No. 354, See Footnote No. 353 (above)...................  2452

Footnote No. 355, See Attachment.................................  2453

Footnote No. 356, See Attachment.................................  2455

Footnote No. 360, See Attachment.................................  2457

Footnote No. 367, See Footnote No. 195 (above)...................  2050

Footnote No. 368, See Attachment.................................  2458

Footnote No. 369, See Attachment.................................  2460

Footnote No. 370, See Attachment.................................  2461

Footnote No. 371, See Attachment and
  Footnote No. 195 (SEALED EXHIBIT) * (above)....................  2465

Footnote No. 372, (SEALED EXHIBIT)...............................   *  

Footnote No. 373, See Attachment.................................  2466

Footnote No. 375, See Attachment.................................  2480

Footnote No. 376, See Attachments (2)............................  2483

Footnote No. 377, See Attachments (2)............................  2487

Footnote No. 378, See Attachment.................................  2489

Footnote No. 379, See Attachment.................................  2491

Footnote No. 380, See Attachment.................................  2504

Footnote No. 381, See Attachment.................................  2511

Footnote No. 382, See Attachment.................................  2532

Footnote No. 383, See Footnote No. 380 (above)...................  2504

Footnote No. 384, See Attachment.................................  2534

Footnote No. 385, See Attachment.................................  2572

Footnote No. 386, See Footnote No. 378 (above)...................  2489

Footnote No. 388, See Footnote No. 385 (above)...................  2572

Footnote No. 389, See Footnote Nos. 270 and 373 (above)......2221, 2466

Footnote No. 390, See Attachment.................................  2590

Footnote No. 391, See Attachment.................................  2605

Footnote No. 393, See Attachments (2)............................  2616

Footnote No. 394, See Attachment.................................  2618

Footnote No. 396, See Footnote No. 393 (above)...................  2616

Footnote No. 397, See Attachment.................................  2623

Footnote No. 398, See Footnote No. 381 (above)...................  2511

Footnote No. 399, See Attachments (2)............................  2632

Footnote No. 401, See Footnote No. 380 (above)...................  2504

Footnote No. 402, See Attachment.................................  2633

Footnote No. 403, See Attachments (2)............................  2634

Footnote No. 404, See Attachment.................................  2636

Footnote No. 405, See Attachment.................................  2637

Footnote No. 406, See Attachments (2)............................  2638

Footnote No. 407, See Attachment.................................  2641

Footnote No. 408, See Attachment.................................  2643

Footnote No. 409, See Attachments (6) and Footnote No. 380 
  (above)....................................................2644, 2504

Footnote No. 410, See Footnote No. 380 (above)...................  2504

Footnote No. 412, See Attachment.................................  2650

Footnote No. 413, See Attachment.................................  2651

Footnote No. 414, See Attachment.................................  2652

Footnote No. 415,
  See Attachment and Hearing Exhibit No. 63a (above).........2655, 1226

Footnote No. 420, See Attachments (2)............................  2742

Footnote No. 421, See Attachment.................................  2744

Footnote Nos. 422-426, 429, 431-432,
  See Footnote No. 415, and Hearing Exhibit No. 63a (above)..2655, 1226

Footnote No. 435, See Attachment.................................  2745

Footnote No. 438, See Attachment.................................  2751

Footnote No. 439, 441, See Footnote No. 380 (above)..............  2504

Footnote No. 442, See Attachment.................................  2761

Footnote No. 443, See Attachment.................................  2762

Footnote No. 444, See Attachment.................................  2763

Footnote No. 445, See Attachments (2)............................  2772

Footnote No. 446, See Footnote Nos. 380 and 443 (above)......2504, 2762

Footnote No. 447, See Footnote No. 438 (above)...................  2751

Footnote No. 454, See Attachments (2)............................  2774

Footnote No. 458, See Attachment.................................  2783

Footnote No. 459, See Footnote No. 458 (above)...................  2784

Footnote No. 465, 468, 471, See Attachment.......................  2819

Footnote No. 472, 474, See Attachment............................  2833

Footnote No. 475, 476, 478 (SEALED EXHIBITS).....................   *  

Footnote No. 479, See Attachment.................................  2841

Footnote No. 482, See Attachment.................................  2842

Footnote No. 483, See Attachment.................................  2849

Footnote No. 487, See Attachment.................................  2851

Footnote No. 489, See Footnote No. 454 (above)...................  2774

Footnote Nos. 490-493, See Footnote No. 483 (above)..............  2849

Footnote No. 494, See Attachments (2) (Only reprinting 1 of 2) *.  2852

Footnote No. 495, See Attachment and Footnote No. 454 (above)2853, 2774

Footnote No. 496, See Attachment.................................  2856

Footnote No. 497, See Attachment.................................  2862

Footnote No. 498, See Footnote No. 454 (above)...................  2774

Footnote No. 499, See Attachments (3) and Footnote No. 497 
  (above)....................................................2863, 2862

Footnote No. 501, See Attachment and Footnote No. 454 (above)2866, 2774

Footnote No. 503, See Attachments (8) (7 public and 1 SEALED 
  EXHIBIT) *
  and Footnote No. 454 (above)...............................2867, 2774

Footnote No. 504, See Attachment.................................  2892

Footnote No. 506, See Attachments (2)............................  2894

Footnote No. 507, See Footnote No. 475 (above) (SEALED EXHIBIT)..   *  

Footnote No. 509, See Attachment and Footnote No. 454 (above)2896, 2774

Footnote No. 511, (SEALED EXHIBIT)...............................   *  

Footnote No. 512, See Attachments (2)............................  2904

Footnote No. 513, See Attachments (2)............................  2940

Footnote No. 519, See Attachment.................................  2972

Footnote No. 528, See Attachments (3)............................  2974

Footnote No. 530, See Attachments (2)............................  2977

Footnote No. 531, See Attachments (5)............................  2985

Footnote No. 532, See Attachments (2)............................  2997

Footnote No. 534, See Attachments (3)............................  3001

Footnote No. 535, See Attachments (9)............................  3004

Footnote No. 536, See Attachments (2)............................  3022

Footnote No. 537, See Attachments (7)............................  2031

Footnote No. 538, See Attachments (19)...........................  3041

Footnote No. 540, See Attachment.................................  3065

Footnote No. 541, See Attachments (2)............................  3067

Footnote No. 542, See Attachments (19)
  (1 public and 18 SEALED EXHIBITS) * and Footnote No. 536...3070, 3022

Footnote No. 543, See Attachments (21)
  (2 public and 19 SEALED EHXIBITS) * and Footnote No. 536...3073, 3022

Footnote No. 544, See Attachments (23)...........................  3075

Footnote No. 545, See Attachments (7)............................  3129

Footnote No. 546, See Attachments (5) and Footnote No. 544 
  (above)....................................................3137, 3075

Footnote No. 548, See Attachments (2)............................  3130

Footnote No. 549, See Attachment.................................  3160

Footnote No. 550, See Attachment.................................  3162

Footnote No. 551, See Attachment.................................  3165

Footnote No. 552, See Attachment.................................  3166

Footnote No. 554, See Attachment.................................  3167

Footnote No. 555, See Attachment.................................  3169

Footnote No. 556, See Attachment.................................  3170

Footnote No. 557, See Attachment.................................  3171

Footnote No. 558, See Attachment.................................  3172

Footnote No. 559, See Attachment.................................  3173

Footnote No. 560, See Attachments (3)............................  3174

Footnote No. 561, See Attachment.................................  3193

Footnote No. 562, See Attachment.................................  3194

Footnote No. 563, See Attachments (2)............................  3196

Footnote No. 564, See Attachment.................................  3198

Footnote No. 570, See Attachments (2)............................  3199

Footnote No. 571, See Attachment.................................  3201

Footnote No. 572, See Attachment.................................  3204

Footnote No. 573, See Attachment.................................  3206

Footnote No. 574, (2 SEALED EXHIBITS)............................   *  

Footnote No. 582, See Attachment.................................  3207

Footnote No. 584, See Attachment.................................  3208

Footnote No. 586, See Attachments (2)............................  3209

Footnote No. 588, See Attachment.................................  3212

Footnote No. 589, See Attachment.................................  3213

Footnote No. 591, See Attachment.................................  3215

Footnote No. 592, See Attachment.................................  3216

Footnote No. 593, See Attachments (2) (Only reprinting 1 of 2) *.  3217

Footnote No. 595, See Attachments (2)............................  3218

Footnote No. 596, See Attachment.................................  3232

Footnote No. 597, See Attachments (2)............................  3233

Footnote No. 598, See Attachment.................................  3235

Footnote No. 600, See Attachment.................................  3239

Footnote No. 601, See Attachment.................................  3245

Footnote No. 602, See Attachment.................................  3247

Footnote No. 603, See Attachments (2)............................  3250

Footnote No. 604, See Attachment.................................  3253

Footnote No. 607, See Attachments (4)............................  3256

Footnote No. 608, See Attachments (5)............................  3261

Footnote No. 609, See Attachments (2)............................  3266

Footnote No. 611, See Attachment.................................  3268

Footnote No. 614, See Attachment.................................  3273

Additional Document Cited in Text of the Report..................  3274

Footnote No. 619, See Footnote No. 546...........................  3137

Footnote No. 620, See Attachment.................................  3285

Footnote No. 625, See Footnote No. 546...........................  3137

Footnote No. 646, See Attachments (3)............................  3287

Footnote No. 647, See Attachments (2)............................  3294

Footnote No. 650, See Attachments (Only reprinting 1 of 10) *....  3297

Footnote No. 651, See Attachments (5)............................  3308

Footnote No. 652, See Attachments (3)............................  3327

                                VOLUME 3

Footnote No. 653, See Attachments (3)............................  3333

Footnote No. 654, See Attachments (5)............................  3346

Footnote No. 656, See Attachments (5)............................  3359

Footnote No. 659, See Attachments (2)............................  3369

Footnote No. 660, See Attachment.................................  3375

Footnote No. 662, See Attachment.................................  3379

Footnote No. 663, See Attachments (2) (1 is a SEALED EXHIBIT) *..  3476

Footnote No. 664, See Footnote No. 662 (above)...................  3379

Footnote No. 665, See Attachment.................................  3492

Footnote No. 666, See Attachments (2)............................  3498

Footnote No. 667, See Attachments (2)............................  3507

Footnote No. 668.................................................   *  

Footnote No. 669, See Attachment.................................  3527

Footnote No. 670, See Attachments (2)............................  3529

Footnote No. 671, See Attachments (10) * (Only reprinting 1 of 
  10)............................................................  3532

Footnote No. 672, See Attachments (10)...........................  3547

Footnote No. 674, See Attachment.................................  3573

Footnote No. 676, See Attachment.................................  3574

Footnote Nos. 677-682, See Footnote No. 671 (above)..............  3532

Footnote No. 683, See Attachments (4) (Only reprinting 1 of 4) *.  3580

Footnote Nos. 684-686, See Footnote No. 683 (above)..............  3580

Footnote No. 687, See Attachments (2) (Only reprinting 1 of 2) *.  3600

Footnote No. 688, See Attachments (7) (Only reprinting 3 of 7) *.  3635

Footnote No. 689.................................................   *  

Footnote No. 690, See Footnote No. 689 (above)...................   *  

Footnote No. 691, See Attachments (3) and Footnote No. 666 
  (above)....................................................3641, 3498

Footnote No. 692, See Attachments (6)............................  3649

Footnote Nos. 695-699, See Footnote No. 689 (above)..............   *  

Footnote No. 700, See Attachment.................................  3655

Footnote No. 701, See Footnote No. 700 (above)...................  3655

Footnote No. 702,
  See Attachment and Footnote Nos. 666 and 689 (above)....3656, 3498, *

Footnote No. 705, See Footnote No. 702 (above)...................  3656

Footnote No. 707, See Attachments (2)............................  3666

Footnote No. 709, See Attachment.................................  3671

Footnote No. 710, See Attachment.................................  3675

Footnote No. 711, See Attachments (2)............................  3684

Footnote No. 712, See Attachment and Footnote No. 711 (above)3686, 3684

Footnote No. 713, See Footnote No. 711 (above)...................  3684

Footnote No. 714, See Attachment.................................  3687

Footnote No. 715, See Attachments (2)............................  3688

Footnote No. 716, See Attachments (2)............................  3690

Footnote No. 717, See Attachments (2) (Only reprinting 1 of 2) *.  3694

Footnote No. 718, See Attachment.................................  3696

Footnote No. 720, See Attachments (2)............................  3697

Footnote No. 721, See Attachments (2)............................  3703

Footnote No. 723, See Attachments (3)............................  3705

Footnote No. 724, See Attachments (2)............................  3710

Footnote No. 725, See Attachment.................................  3719

Footnote No. 726, See Attachments (2)............................  3720

Footnote No. 727, See Attachment.................................  3722

Footnote No. 728, See Footnote No. 727 (above)...................  3722

Footnote Nos. 729-730, See Footnote No. 724 (above)..............  3710

Footnote No. 731, See Attachment.................................  3727

Footnote No. 732, See Attachment.................................  3729

Footnote No. 733,
  See Attachment and Footnote No. 543 (above) (SEALED EXHIBIT3731, 3073

Footnote No. 734, See Attachment.................................  3733

Footnote No. 735, See Attachment.................................  3734

Footnote No. 739, See Attachment.................................  3738

Footnote No. 740, See Attachments (2)............................  3740

Footnote No. 741, See Attachment.................................  3743

Footnote No. 749, See Attachment.................................  3744

Footnote No. 750, See Attachments (4)............................  3746

Footnote No. 751, See Attachments (10)...........................  3765

Footnote No. 752, See Attachments (16) and Footnote No. 751 
  (above)....................................................3777, 3765

Footnote No. 753, See Attachments (5)............................  3803

Footnote No. 754, See Attachments (8)............................  3810

Footnote No. 755, See Attachments (10)...........................  3822

Footnote No. 757, See Attachments (2)............................  3845

Footnote No. 758, See Attachment.................................  3850

Footnote No. 761, See Attachments (5)............................  3851

Footnote No. 762, See Attachment.................................  3861

Footnote No. 763, See Attachment.................................  3862

Footnote No. 764, See Attachment.................................  3864

Footnote No. 765, See Attachment.................................  3865

Footnote No. 766, See Attachment.................................  3866

Footnote No. 767, See Attachments (4)............................  3868

Footnote No. 768, See Attachments (11)...........................  3875

Footnote No. 769, See Attachments (2) and
  Footnote Nos. 763, 766 and 767 (above).........3888, 3862, 3866, 3868

Footnote No. 770, See Attachment.................................  3890

Footnote No. 772, See Attachment.................................  3900

Footnote No. 773, See Footnote Nos. 762 and 763 (above)......3861, 3862

Footnote No. 776, See Attachments (3) and
  Footnote Nos. 755 and 768 (above)....................3901, 3822, 3875

Footnote No. 778, See Attachments (3)............................  3904

Footnote No. 801, See Attachments (2)............................  3908

Footnote No. 806, See Attachment.................................  3928

Footnote No. 807, See Attachment.................................  3939

Footnote No. 808, See Attachment.................................  3945

Footnote No. 810, See Footnote No. 593 (above)...................  3217

Footnote No. 811, See Attachment.................................  3947

Footnote No. 812, See Attachment.................................  3948

Footnote No. 814, See Attachment.................................  3949

Footnote No. 815, See Attachment.................................  3951

Footnote No. 816, See Attachment.................................  3954

Footnote No. 817, See Attachment.................................  3955

Footnote No. 819, See Attachment.................................  3956

Footnote No. 820, See Attachment.................................  3957

Footnote No. 821, See Attachment.................................  3958

Footnote No. 827, See Attachments (2)............................  3959

Footnote No. 828, See Attachment.................................  3961

Footnote No. 833, See Attachment.................................  3962

Footnote No. 835, See Attachment.................................  3963

Footnote No. 836, See Attachment.................................  3964

Footnote No. 837, See Attachments (3)............................  3965

Footnote No. 840, See Footnote No. 836 (above)...................  3964

Footnote No. 842, See Attachments (3)............................  3972

Footnote No. 843, See Attachments (2)............................  3978

Footnote No. 844, See Attachment.................................  3980

Footnote No. 845, See Footnote No. 844 (above)...................  3980

Footnote No. 846, See Attachment.................................  3986

Footnote No. 847, See Attachment.................................  3987

Footnote No. 848, See Attachment.................................  3988

Footnote No. 849, See Attachment.................................  3989

Footnote No. 850, See Attachment.................................  3990

Footnote No. 851, See Attachment.................................  3991

Footnote No. 852, See Attachment.................................  3992

Footnote No. 853, See Attachment.................................  3993

Footnote No. 854, See Attachment.................................  3995

Footnote No. 855.................................................   *  

Footnote No. 856, See Attachments (2)............................  3996

Footnote No. 857, See Attachment.................................  3999

Footnote No. 858, See Footnote No. 856 (above)...................  3996

Footnote No. 859, See Footnote No. 854 (above)...................  3995

Footnote No. 862, See Attachment.................................  4000

Footnote No. 866, See Attachments (13)...........................  4004

Footnote No. 869, See Footnote No. 755 and 776 (above).......3822, 3901

Footnote No. 870, See Attachments (2)............................  4032

Footnote No. 871, See Attachment and Footnote No. 755 (above)4034, 3822

Footnote No. 872, See Attachment.................................  4035

Footnote Nos. 873-875, See Footnote No. 872 (above)..............  4035

Footnote No. 876, See Attachment and Footnote No. 872 (above)4055, 4035

Footnote No. 877, See Attachment and Footnote No. 872 (above)4056, 4035

Footnote No. 878, See Footnote No. 872 (above)...................  4035

Footnote No. 880, See Attachments (2)............................  4058

Footnote No. 883, See Attachment and Footnote No. 872 (above)4063, 4035

Footnote Nos. 884, 886, See Footnote No. 872 (above).............  4035

Footnote No. 887, See Attachment and Footnote No. 872 (above)4065, 4035

Footnote Nos. 888-889, See Footnote No. 872 (above)..............  4035

Footnote No. 890, See Attachments (3)............................  4069

Footnote No. 891, See Attachments (5) and Footnote No. 890 
  (above)....................................................4072, 4069

Footnote No. 892, See Attachment and Footnote No. 872 (above)4080, 4035

Footnote No. 893, See Attachments (2) and Footnote No. 872 
  (above)....................................................4081, 4035

Footnote Nos. 894-895, See Footnote No. 872 (above)..............  4035

Footnote No. 896, See Attachments (11)...........................  4089

Footnote No. 897, See Attachments (6)............................  4103

Footnote No. 898, See Footnote No. 872 (above)...................  4035

Footnote No. 899, See Attachment.................................  4113

Footnote No. 900, See Attachment and Footnote No. 899 (above)4116, 4113

Footnote No. 902, See Footnote No. 872 (above)...................  4035

Footnote No. 904, See Attachments (2)............................  4117

Footnote No. 905, See Attachment.................................  4119

Footnote No. 906, See Footnote No. 872 (above)...................  4035

Footnote No. 907, See Attachment.................................  4125

Footnote No. 908, See Footnote No. 872 (above)...................  4035

Footnote No. 922, See Attachment.................................  4131

Footnote No. 923, See Footnote No. 922 (above)...................  4131

Footnote No. 924, See Attachment.................................  4137

Footnote No. 925, See Footnote No. 922 (above)...................  4131

Footnote No. 926, See Attachments (2) and Footnote No. 922 
  (above)....................................................4139, 4131

Footnote No. 928, See Attachment.................................  4161

Footnote No. 929, See Attachments (3)............................  4162

Footnote No. 930, See Attachments (2)............................  4165

Footnote No. 931, See Attachment.................................  4169

Footnote Nos. 932-934, See Footnote No. 931 (above)..............  4169

Footnote No. 935, See Attachment.................................  4172

Footnote No. 936, See Attachment and Footnote No. 931 (above)4173, 4169

Footnote No. 937, See Footnote No. 543 (above) (SEALED EXHIBIT)..   *  

Footnote No. 939, 941, See Footnote No. 936 (above)..............  4173

Footnote No. 942, See Attachment.................................  4180

Footnote No. 944, See Attachments (2)............................  4182

Footnote No. 947, See Footnote No. 936 (above)...................  4173

Footnote No. 948, See Footnote No. 922 (above)...................  4131

Footnote No. 949, See Attachment.................................  4197

Footnote No. 951, 953, See Footnote No. 936 (above)..............  4173

Footnote No. 954.................................................   *  

Footnote No. 956, See Attachment.................................  4199

Footnote Nos. 957-959, See Footnote No. 931 (above)..............  4169

Footnote No. 961, See Attachment, Footnote No. 543 (SEALED 
  EXHIBIT) * and Footnote No. 944 (above)....................4201, 4182

Footnote No. 962, See Footnote No. 543 (above) (SEALED EXHIBIT)..   *  

Footnote No. 963, See Attachments (2)............................  4203

Footnote No. 964, See Footnote No. 931 (above)...................  4169

Footnote No. 967, See Attachment.................................  4205

Footnote No. 968, See Attachments (2)............................  4206

Footnote No. 969, See Attachments (2)............................  4209

Footnote No. 970, See Attachment.................................  4211

Footnote No. 971, See Attachment.................................  4212

Footnote No. 972, See Attachment and Footnote No. 504 (above)4214, 2892

Footnote No. 973, See Attachment.................................  4216

Footnote No. 974, See Attachments (10) and
  Footnote Nos. 968 and 972 (above)....................4217, 4206, 4214

Footnote No. 975, See Footnote Nos. 969 and 974 (above)......4209, 4217

Footnote No. 976, (2 SEALED EXHIBITS)............................   *  

Footnote No. 977, See Attachment and Footnote No. 972 (above)4236, 4214

Footnote No. 978, See Attachment.................................  4238

Footnote No. 979, See Attachment.................................  4239

Footnote No. 980, See Attachment and Footnote No. 979 (above)4240, 4239

Footnote No. 981, See Attachment.................................  4251

Footnote No. 982, See Attachment.................................  4253

Footnote No. 983, See Attachment.................................  4254

Footnote No. 984, See Attachment and Footnote No. 983 (above)4264, 4254

Footnote No. 985, See Attachment.................................  4268

Footnote No. 986, See Attachment and Footnote No. 983 (above)4278, 4254

Footnote No. 987, See Attachments (6) and Footnote No. 968 
  (above)....................................................4280, 4206

Footnote No. 988, See Footnote No. 981 (above)...................  4251

Footnote No. 989,
  See Attachment and Footnote Nos. 986 and 987 (above).4294, 4278, 4280

Footnote No. 990, See Attachment and Footnote No. 944 (above)4295, 4182

Footnote No. 992, See Attachments (2) and Footnote No. 944 
  (above)....................................................4296, 4182

Footnote No. 993, See Attachment.................................  4301

Footnote No. 994, See Attachment.................................  4303

Footnote No. 995, See Attachment.................................  4305

Footnote No. 996, See Footnote No. 995 (above)...................  4305

Footnote No. 997, See Attachments (2)............................  4309

Footnote No. 998, See Attachments (2)............................  4311

Footnote No. 999, See Footnote No. 990 (above)...................  4295

Footnote No. 1000,
  See Attachment and Footnote Nos. 942 and 997 (above).4313, 4180, 4309

Footnote No. 1001, See Footnote No. 942 (above)..................  4180

Footnote No. 1002, See Footnote Nos. 942 and 990 (above).....4180, 4295

Footnote No. 1003, See Footnote No. 942 (above)..................  4180

Footnote No. 1004, See Attachments (2)...........................  4315

Footnote No. 1006, See Footnote No. 942 (above)..................  4180

Footnote No. 1007, See Footnote No. 1004 (above).................  4315

Footnote No. 1008, See Attachments (2) and Footnote No. 944 
  (above)....................................................4318, 4182

Footnote No. 1010, See Attachments (2)...........................  4320

Footnote No. 1011, See Attachments (2)...........................  4322

Footnote No. 1012, See Attachment................................  4324

Footnote No. 1013, See Footnote Nos. 1010 and 1011 (above)...4320, 4322

Footnote No. 1014, See Attachment and Footnote No. 935 (above4330, 4172

Footnote No. 1015,
  See Attachments (2) and Footnote No. 1012 (above)..........4332, 4324

Footnote No. 1017, See Footnote No. 543 (SEALED EXHIBIT) * and
  Footnote No. 1012 (above)..................................3073, 4324

Footnote Nos. 1018-1022, See Footnote No. 1012 (above)...........  4324

Footnote No. 1023, See Attachments (4) and Footnote No. 543 
  (above)
  (SEALED EXHIBIT) *.........................................4336, 3073

Footnote No. 1024, See Attachments (2)...........................  4342

Footnote No. 1025, See Footnote Nos. 1023 and 1024 (above)...4336, 4342

Footnote No. 1026, See Attachment and Footnote No. 944 (above4344, 4182

Footnote No. 1027, See Footnote Nos. 944 and 1026 (above)....4182, 4344

Footnote No. 1029, See Attachment................................  4347

Footnote No. 1031, See Footnote Nos. 936 and 944 (above).....4173, 4182

Footnote No. 1033, See Attachment................................  4348

Footnote No. 1034, See Attachment................................  4356

Footnote No. 1035, See Footnote No. 1024 (above).................  4342

Footnote No. 1037, See Attachments (4)...........................  4357

Footnote No. 1038, See Attachments (3)...........................  4361

Footnote No. 1039, See Attachment................................  4364

Footnote No. 1040, See Attachment................................  4365

Footnote No. 1043, See Attachment................................  4366

Footnote No. 1044, See Attachment................................  4370

Footnote No. 1047, See Attachments (3)...........................  4391

Footnote No. 1048, See Attachment................................  4403

Footnote Nos. 1049-1050, See Footnote No. 1043 (above)...........  4366

Footnote No. 1052, See Attachment and
  Footnote Nos. 1037 and 1038 (above)..................4404, 4357, 4361

Footnote No. 1053, See Attachments (3)...........................  4405

Footnote No. 1054, See Attachments (16)..........................  4408

Footnote No. 1055, See Attachments (2)...........................  4426

Footnote No. 1057, See Attachment................................  4429

Footnote No. 1058, See Footnote No. 1057 (above).................  4429

Footnote No. 1059, See Attachment................................  4437

Footnote No. 1060, See Attachments (2) and
  Footnote No. 1040 (above)..................................4441, 4365

Footnote No. 1062, See Attachments (3) and
  Footnote No. 1039 (above)..................................4444, 4364

Footnote No. 1064, See Attachment * (reprinting only portion of 
  document)......................................................  4447

Footnote No. 1065, See Attachment * (reprinting only portion of 
  document)......................................................  4467

Footnote No. 1066, See Attachment................................  4495

Footnote No. 1067, See Attachments (3)...........................  4497

Footnote No. 1068, See Attachment................................  4506

Footnote Nos. 1069-1070, See Footnote No. 936 (above)............  4173

Footnote No. 1076, See Attachment................................  4507

Footnote No. 1078, See Attachment................................  4508

Footnote No. 1079, See Attachments (2) and Footnote No. 936 
  (above)....................................................4511, 4173

Footnote No. 1081, See Attachment................................  4513

Footnote No. 1082, See Attachments (3)...........................  4515

Footnote No. 1088, See Attachments (6)...........................  4518

Footnote No. 1089, See Attachments (2)...........................  4526

Footnote No. 1090, See Footnote No. 1089 (above).................  4526

Footnote No. 1092, See Attachments (2)...........................  4583

Footnote No. 1093, See Attachments (2)...........................  4585

Footnote No. 1094, See Attachment................................  4587

Footnote No. 1095, See Attachments (2)...........................  4589

Footnote No. 1096, See Attachments (15)..........................  4591

Footnote No. 1097, See Attachments (7) and
  Footnote No. 1096 (above)......................................  4616

Footnote No. 1098, See Attachment and
  Footnote No. 1097 (above)............................4631, 4616, 4591

Footnote No. 1099, See Attachments (5) and
  Footnote No. 1089 (above)..................................4636, 4526

Footnote No. 1100, See Attachment and
  Footnote Nos. 1089 and 1099 (above)..................4648, 4526, 4636

Footnote No. 1101, See Attachment and Footnote No. 1089 (abov4654, 4526

Footnote No. 1102, See Attachments (4)...........................  4655

Footnote No. 1103, See Attachment................................  4665

Footnote No. 1104, See Attachments (5) and
  Footnote No. 542 (above) (SEALED EXHIBIT) *................4670, 3070

Footnote No. 1105, See Attachments (3)
  and Footnote No. 1104 (above)..............................4683, 4670

Footnote No. 1106, See Attachments (5) and
  Footnote No. 1104 (above)..................................4688, 4670

Footnote No. 1107, See Attachment and
  Footnote No. 542 (above) (SEALED EXHIBIT) *................4693, 3070

Footnote No. 1108, See Attachments (3)...........................  4697

Footnote No. 1109, See Attachments (3)...........................  4707

Footnote No. 1110, See Attachments (11)..........................  4710

Footnote No. 1111, See Attachments (3)...........................  4723

Footnote No. 1112, See Attachments (2)...........................  4726

Footnote No. 1113, See Attachments (2)...........................  4729

Footnote No. 1114, See Attachments (3)...........................  4731

Footnote No. 1115, See Attachments (2)...........................  4734

Footnote No. 1116, See Attachments (2)...........................  4736

Footnote No. 1117, See Attachments (3)...........................  4738

Footnote No. 1119, See Attachments (2)...........................  4741

Footnote No. 1120, See Attachments (24)..........................  4744

Footnote No. 1121, See Attachments (4)...........................  4781

Footnote No. 1123, See Attachment and Footnote No. 1105 (abov4788, 4683

Footnote No. 1124, See Attachments (9) and
  Footnote No. 1123 (above)..................................4789, 4788

Footnote No. 1125, See Attachment................................  4805

Footnote No. 1126, See Attachment................................  4806

Footnote No. 1128, See Attachment................................  4812

Footnote No. 1129, See Attachment................................  4814

Footnote No. 1130, See Attachments (3)...........................  4816

Footnote No. 1131, See Attachment and Footnote No. 1129 (abov4819, 4814

Footnote No. 1132, See Footnote Nos. 1124 and 1131 (above)...4789, 4819

Footnote No. 1133, See Footnote No. 1131 (above).................  4819

Footnote No. 1134, See Attachments (3)...........................  4847

Footnote No. 1135, See Attachment................................  4850

Footnote No. 1136, See Attachment and Footnote No. 1120 (abov4851, 4744

Footnote No. 1137, See Attachments (4)...........................  4864

Footnote No. 1138, See Attachments (3) and
  Footnote No. 1137 (above)..................................4868, 4864

Footnote No. 1139, See Attachments (2) and
  Footnote Nos. 1120 and 1138 (above)..................4872, 4744, 4868

Footnote No. 1140, See Attachments (8)...........................  4874

Footnote No. 1142,
  See Footnote No. 543 (above) (SEALED EXHIBIT) *................  3073

Footnote No. 1143, See Attachments (4)...........................  4884

Footnote No. 1144, See Attachment................................  4888

Footnote No. 1145, See Attachment................................  4889

Footnote No. 1146, See Attachments (3)...........................  4890

Footnote No. 1147, See Attachment................................  4894

Footnote No. 1148, See Attachment................................  4908

Footnote No. 1149................................................   *  

Footnote No. 1150, See Attachments (3)...........................  4909

Footnote No. 1151, See Attachments (3)...........................  4917

                                VOLUME 4

Footnote No. 1152, See Attachments (6)...........................  4923

Footnote No. 1153 See Attachment.................................  4952

Additional Documents (12) Cited in Text of the Report............  4954

Footnote No. 1154, See Attachment................................  4967

Footnote No. 1155, See Attachment................................  4969

Additional Documents (4) Cited in Text of the Report.............  4972

Footnote No. 1156, See Attachments (2) and
  Footnote No. 1151 (above)..................................4977, 4917

Footnote No. 1157, See Attachment................................  4979

Additional Documents (5) Cited in Text of the Report.............  4980

Footnote No. 1158, See Attachment................................  4985

Additional Documents (2) Cited in Text of the Report.............  4986

Footnote No. 1160, See Attachment................................  4988

Additional Documents (3) Cited in Text of the Report,
  and Footnote No. 1147 (above)..............................4989, 4894

Footnote No. 1162, See Attachments (5)...........................  4995

Footnote No. 1163, See Attachments (5)...........................  5004

Footnote Nos. 1164-1165, See Attachments (2) and
  Footnote No. 1163 (above)..................................5010, 5004

Footnote No. 1166, See Attachments (4)...........................  5012

Additional Documents (8) Cited in Text of the Report.............  5016

Footnote No. 1167, See Attachments (4)...........................  5025

Footnote No. 1168, See Footnote No. 1152 (above).................  4923

Footnote Nos. 1196-1198, See Footnote No. 476 and 478 (above)
  (SEALED EXHIBIT)...............................................   *  

Footnote No. 1200, See Attachment................................  5031

Footnote No. 1201, See Attachment................................   *  

Additional Documents (2) Cited in Text of the Report.............  5033

Footnote No. 1202, See Attachment................................  5036

Footnote No. 1203, See Attachment................................  5037

Footnote No. 1205, See Attachment................................  5038

Footnote No. 1206, See Attachment................................  5039

Footnote No. 1207, See Attachment................................  5041

Footnote No. 1208, See Attachments (4)...........................  5042

Footnote No. 1209, See Attachment................................  5048

Footnote No. 1210, See Attachment................................  5051

Footnote No. 1211, See Footnote No. 1206 (above).................  5039

Footnote No. 1212, See Attachment................................  5053

Footnote No. 1213, See Attachment................................  5054

Footnote No. 1214, See Attachment................................  5055

Footnote No. 1215, See Attachment................................  5056

Footnote No. 1216, See Attachment................................  5057

Footnote No. 1217, See Attachment................................  5058

Footnote No. 1218, See Attachment................................  5059

Footnote No. 1219, See Attachment................................  5060

Footnote No. 1220, See Attachment................................  5062

Footnote No. 1221, See Attachment................................  5063

Footnote No. 1223, See Footnote No. 1207 (above).................  5041

Footnote No. 1225, See Attachment................................  5064

Footnote No. 1226, See Attachment................................  5068

Footnote No. 1227, See Attachment and Footnote No. 483 (above5069, 2849

Footnote No. 1228, See Attachment................................  5071

Footnote No. 1229, See Attachment................................  5072

Footnote No. 1230, See Attachment................................  5073

Footnote No. 1231, See Attachment................................  5074

Footnote No. 1232, See Attachment................................  5075

Footnote No. 1233, See Footnote No. 1232 (above).................  5075

Additional Document Cited in Text of the Report..................  5078

Footnote No. 1234, See Attachment................................  5079

Footnote No. 1235, See Attachment................................  5080

Footnote No. 1236, See Attachment................................  5081
Footnote No. 1238, See Footnote No. 1236 (above).................  5081

Footnote No. 1239, See Attachment................................  5083

Footnote No. 1240, See Attachment................................  5084

Footnote No. 1241, See Attachment................................  5085

Footnote No. 1242, See Attachment................................  5087

Footnote No. 1243, See Attachment................................  5088

Footnote No. 1244, See Attachment................................  5091

Additional Documents (3) (1 of 3 not reprinted) Cited in Text of 
  the Report.....................................................  5092

Footnote No. 1245, See Attachment................................  5094

Footnote No. 1246, See Attachment................................  5095

Footnote Nos. 1247-1248, See Footnote No. 1245 (above)...........  5094

Additional Document Cited in Text of the Report..................  5096

Footnote No. 1249, See Attachments (3)...........................  5097

Footnote No. 1250, See Attachment................................  5100

Footnote No. 1251, See Attachment................................  5101

Footnote No. 1252, See Footnote No. 1251 (above).................  5101

Footnote No. 1253, See Attachment................................  5103

Footnote No. 1254, See Attachment................................  5104

Footnote Nos. 1255-1256, See Footnote No. 1254 (above)...........  5104

Additional Document Cited in Text of the Report..................  5108

Footnote No. 1257, See Attachment................................  5109

Footnote No. 1258, See Attachment................................  5110

Footnote No. 1259, See Attachment................................  5111

Footnote No. 1260, See Attachment................................  5112

Footnote No. 1261, See Attachment................................  5113

Footnote Nos. 1262-1263, See Footnote No. 1261 (above)...........  5113

Footnote No. 1264, See Attachments (2)...........................  5114

Footnote No. 1265, See Attachment................................  5116

Footnote No. 1267, See Attachment................................  5117

Footnote No. 1268, See Attachment................................  5118

Footnote Nos. 1269-1270, See Footnote No. 1268 (above)...........  5118

Footnote No. 1271, See Attachment................................  5120

Footnote No. 1272, See Attachment................................  5121

Footnote No. 1273, See Attachment................................  5122

Footnote No. 1274, See Attachment................................  5123

Footnote No. 1275, See Attachment................................  5124

Footnote No. 1276, See Footnote No. 1275 (above).................  5124

Additional Document Cited in Text of the Report..................  5127

Footnote No. 1277, See Attachment................................  5128

Footnote No. 1278, See Footnote No. 1277 (above).................  5128

Footnote No. 1279, See Attachment................................  5131

Footnote No. 1280, See Attachment................................  5132

Footnote No. 1281, See Attachment................................  5133

Footnote No. 1282, See Attachment................................  5134

Footnote No. 1283, See Attachment................................  5135

Footnote No. 1284, See Attachment................................  5139

Footnote No. 1285, See Attachment................................  5141

Footnote No. 1286, See Footnote No. 1285 (above).................  5141

Additional Document Cited in Text of the Report..................  5143

Footnote No. 1287, See Attachment................................  5146

Footnote No. 1289, See Attachments (5)...........................  5151

Footnote No. 1290, See Attachments (5)...........................  5161

Footnote No. 1291, See Attachments (9)...........................  5167

Additional Document Cited in Text of the Report (SEALED EXHIBIT).   *  

Footnote No. 1294, See Attachment and Footnote No. 872 (above5183, 4035

Footnote No. 1295, See Attachments (2) and Footnote No. 872 
  (above)....................................................5186, 4035

Footnote No. 1296, See Footnote No. 872 (above)..................  4035

Footnote No. 1297, See Attachments (4) and Footnote No. 872 
  (above)....................................................5188, 4035

Footnote No. 1298, See Attachments (3) and
  Footnote No. 1038 (above)..................................5193, 4361

Footnote Nos. 1299-1300, See Footnote No. 872 (above)............  4035

Footnote No. 1301, See Attachments (5) and Footnote No. 872 
  (above)....................................................5200, 4035

Footnote No. 1302, See Attachments (5)...........................  5211

Footnote No. 1303, See Footnote No. 872 (above)..................  4035

Footnote No. 1304, See Attachments (5) and
  Footnote Nos. 872 and 1055 (above)...................5223, 4035, 4426

Footnote No. 1305, See Attachments (4) and Footnote No. 872 
  (above)....................................................5228, 4035

Footnote No. 1306, See Attachment................................  5240

Footnote No. 1307, See Attachments (2) and Footnote No. 872 
  (above)....................................................5247, 4035

Footnote No. 1308, See Footnote No. 872 (above)..................  4035

Footnote No. 1309, See Attachments (2)...........................  5249

Footnote No. 1310, See Attachments (2)...........................  5253

Footnote No. 1311, See Attachments (29)..........................  5255

Footnote No. 1312, See Attachments (5)...........................  5373

Footnote No. 1314, See Footnote No. 543 (SEALED EXHIBIT) *
  and Footnote No. 872 (above)...................................  4035

Footnote No. 1315, See Attachments (2) and Footnote No. 872 
  (above)....................................................5390, 4035

Footnote No. 1316, See Attachments (15) and
  Footnote No. 872 (above)...................................5395, 4035

Footnote No. 1317, See Footnote No. 543 (SEALED EXHIBIT) *
  and Footnote No. 872 (above)...................................  4035

Footnote No. 1318, See Footnote No. 872 (above)..................  4035

Footnote No. 1319, See Attachments (4) and Footnote No. 872 
  (above)....................................................5419, 4035

Footnote No. 1320, See Attachments (5) and Footnote No. 872 
  (above)....................................................5424, 4035

Footnote No. 1321, See Attachments (2)...........................  5435

Footnote No. 1322, See Attachments (2) and
  Footnote Nos. 872 and 1230 (above)...................5441, 4035, 5073

Footnote No. 1323, See Footnote Nos. 872 and 1230 (above)....4035, 5073

Footnote No. 1324, See Attachments (2)...........................  5446

Footnote No. 1325, See Attachments (11)
  and Footnote No. 872 (above)...............................5448, 4035

Footnote No. 1326, See Attachments (4) and Footnote No. 872 
  (above)....................................................5464, 4035

Footnote No. 1327, See Attachments (5) and
  Footnote Nos. 872 and 1326 (above)...................5471, 4035, 5464

Footnote No. 1328, See Footnote No. 872 (above)..................  4035

Footnote No. 1329, See Attachments (6) and Footnote No. 872 
  (above)....................................................5479, 4035

Footnote No. 1331, See Attachment................................  5493

Footnote No. 1332, See Attachments (2)
  and Footnote No. 1331 (above)..............................5494, 5493

Footnote No. 1333, See Attachments (3) and
  Footnote No. 1331 (above)..................................5496, 5493

Footnote No. 1334, See Attachment................................  5499

Footnote No. 1335, See Footnote No. 1333 (above).................  5493

Footnote No. 1336, See Attachment................................  5501

Footnote No. 1337, See Attachments (6)...........................  5503

Footnote No. 1338, See Attachments (5)...........................  5509

Footnote No. 1339, See Attachments (5)...........................  5514

Footnote No. 1340, See Attachments (2)...........................  5520

Footnote No. 1341, See Attachments (4) and
  Footnote No. 1340 (above)..................................5550, 5520

Footnote No. 1342, See Footnote No. 1340 (above).................  5520

Footnote No. 1343, See Attachments (2) and
  Footnote No. 1332 (above)..................................5564, 5494

Footnote No. 1344, See Attachments (4)...........................  5566

Footnote No. 1345, See Attachments (7) and
  Footnote No. 1344 (above)..................................5572, 5566

Footnote No. 1346, See Attachments (4)...........................  5579

Footnote No. 1347, See Attachments (3)...........................  5583

Footnote No. 1348, See Attachment and Footnote No. 1346 (abov5587, 5579

Footnote No. 1349, See Attachments (2)...........................  5588

Footnote No. 1350, See Attachments (4)...........................  5590

Footnote No. 1351, See Attachments (3)...........................  5594

Footnote No. 1352, See Attachments (2)...........................  5597

Footnote No. 1354, See Attachments (2)...........................  5599

Footnote No. 1355, See Attachments (2)...........................  5617

Footnote No. 1356, See Attachments (7)...........................  5621

Footnote No. 1357, See Attachment................................  5628

Footnote No. 1359, See Attachment................................  5630

Footnote No. 1360, See Attachments (3)...........................  5633

Footnote No. 1361, See Attachment................................  5637

Footnote No. 1362, See Attachments (7)...........................  5838

Footnote No. 1364, See Attachments (3) * (1 of 3 not reprinted)
  and Footnote No. 1359 (above)..............................5650, 5630

Footnote No. 1365, See Attachment and Footnote No. 1364 (abov5652, 5650

Footnote No. 1366, See Attachments (2) * (1 of 2 not reprinted)
  and Footnote No. 1365 (above)..............................5654, 5652

Footnote No. 1367, See Attachments (3) * (1 of 3 not reprinted)
  and Footnote No. 1365 (above)..............................5657, 5652

Footnote No. 1368, See Attachments (5)...........................  5660

Footnote No. 1369, See Footnote No. 1364 (above).................  5630

Footnote No. 1370, See Attachments (8)...........................  5665

Footnote No. 1372, See Attachments (6)...........................  5673

Footnote No. 1373, See Attachments (7)...........................  5680

Footnote No. 1374, See Attachments (6)...........................  5688

Footnote No. 1375, See Attachments (3)...........................  5694

Footnote No. 1376, See Attachments (5)...........................  5697

Footnote No. 1377, See Footnote No. 1362 (above).................  5638

Footnote No. 1378, See Attachment................................  5702

Footnote No. 1379, See Attachment................................  5703

Footnote No. 1380, See Footnote No. 1362 (above).................  5638

Footnote No. 1382, See Attachments (4)...........................  5704

Footnote No. 1383, See Attachment and Footnote No. 1306 (abov5711, 5240

Footnote No. 1384, See Attachment................................  5716

Footnote No. 1385, See Attachment................................  5727

Footnote No. 1386, See Attachments (10)..........................  5744

Footnote No. 1387, See Attachments (6)
  and Footnote No. 1382 (above)..............................5757, 5704

Footnote No. 1388, See Attachments (2)
  and Footnote No. 1306 (above)..............................5785, 5240

Footnote No. 1389, See Footnote No. 872 (above)..................  4035

Footnote No. 1391, See Attachments (2)...........................  5793

Footnote No. 1392, See Footnote No. 1305 (above).................  5228

Footnote No. 1393, See Attachments (2)...........................  5795

Footnote No. 1394, See Attachments (2)...........................  5799

Footnote No. 1395, See Attachments (4) * (2 of 4 not reprinted)
  and Footnote No. 1394 (above)..............................5801, 5799

Footnote No. 1396, See Footnote Nos. 1311 and 1388 (above)...5255, 5785

Footnote No. 1397, See Attachments (2) and
  Footnote No. 1395 (above)..................................5804, 5801

Footnote No. 1398, See Attachments (3)...........................  5806

Footnote No. 1399, See Attachments (3) and Footnote No. 872 
  (above)....................................................5810, 4035

Footnote No. 1400, See Footnote No. 465 (above)..................  2819

Footnote No. 1401, See Footnote No. 458 (above)..................  2783

Footnote No. 1402, See Attachment................................  5814

Footnote No. 1403, See Footnote Nos. 662 and 663 (above).....3379, 3476

Footnote No. 1404, See Attachment................................  5815

Footnote No. 1405, See Attachment................................  5818

Footnote No. 1406, See Attachment................................  5820

Footnote No. 1407, See Attachment................................  5821

Footnote No. 1408, See Attachment................................  5822

Footnote No. 1409, See Attachments (2)...........................  5827

Footnote No. 1410, See Attachment and Footnote No. 683 (above5829, 3580

Footnote No. 1411, See Footnote No. 687 (above)..................  3600

Footnote No. 1412, See Attachment................................  5830

Footnote No. 1413, See Attachment................................  5831

Footnote No. 1414, See Attachment................................  5832

Footnote No. 1415, See Footnote No. 848 (above)..................  3988

Footnote No. 1416, See Attachments (2)...........................  5833

Footnote No. 1417, See Attachment................................  5835

Footnote No. 1418, See Attachment................................  5837

Footnote No. 1419, See Attachment................................  5839

Footnote No. 1421, See Attachment................................  5840

Footnote No. 1422, See Footnote No. 848 (above)..................  3988

Footnote No. 1423, See Attachment................................  5841

Footnote No. 1424, See Footnote No. 716 (above)..................  3690

Footnote No. 1425, See Attachment................................  5842

Footnote No. 1427, See Attachment................................  5844

Footnote No. 1428, See Attachments (2)...........................  5845

Footnote No. 1431, See Footnote No. 872 (above)..................  4035

Footnote No. 1432, See Footnote No. 189 (above)..................  2049

Footnote No. 1433, See Footnote No. 188 (above)..................  2048

Footnote No. 1436, See Footnote No. 211 (above)..................  2111

Footnote Nos. 1438-1439, See Footnote No. 415 (above)............  2655

Footnote No. 1441, See Attachment................................  5871

Footnote No. 1442, See Footnote No. 415 (above)..................  2655

67. a.G Additional documents regarding POINT.....................  5872

    b. Additional documents regarding offshore trusts............  6100

  [*] Retained in the files of the Subcommittee.





 
   TAX HAVEN ABUSES: THE ENABLERS, THE TOOLS AND SECRECY--VOL. 2 OF 4

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