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When I heard "changes in our geographic earnings mix," I immediately thought of a document that a friend had sent me a while back, with a rather long list of off-shore hedge funds and other tax-evading rackets located in the Cayman Islands, Bermuda, Mauritius, and the British Virgin Islands - all infamous for their anti-American tax havens utilized by US corporations to evade their legal dues - all of which are owned in one way or another by Goldman Sachs.
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