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	<title>Peter Macfarlane &#38; Associates</title>
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	<link>http://www.petermacfarlane.net</link>
	<description>The Q Wealth Report's offshore banking guru Peter Macfarlane blogs on private banking, IBCs, brokerage accounts and precious metals</description>
	<pubDate>Wed, 20 Aug 2008 19:00:30 +0000</pubDate>
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			<item>
		<title>Australia: Where the Beer Is Great and the Bonds Are Better</title>
		<link>http://www.petermacfarlane.net/2008/08/20/australia-where-the-beer-is-great-and-the-bonds-are-better/</link>
		<comments>http://www.petermacfarlane.net/2008/08/20/australia-where-the-beer-is-great-and-the-bonds-are-better/#comments</comments>
		<pubDate>Wed, 20 Aug 2008 19:00:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banks and banking offshore]]></category>

		<category><![CDATA[Currencies and Cash]]></category>

		<category><![CDATA[Offshore Wealth Creation]]></category>

		<category><![CDATA[australia]]></category>

		<category><![CDATA[bonds]]></category>

		<category><![CDATA[interest rates]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/?p=71</guid>
		<description><![CDATA[&#8220;Money isn&#8217;t the most important thing in life, but it&#8217;s reasonably close to oxygen on the &#8216;gotta have it&#8217; scale.&#8221;
Zig Ziglar
 
 
Australia: Where the Beer Is Great and the Bonds Are Better
By Andrew Gordon
 
About a year ago, my father invested in a Merrill Lynch bond. I looked it over… noted its high rating… and saw nothing [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/08/20/australia-where-the-beer-is-great-and-the-bonds-are-better/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Vanuatu Must Hand Over Tax Evidence To Australia</title>
		<link>http://www.petermacfarlane.net/2008/08/06/vanuatu-must-hand-over-tax-evidence-to-australia/</link>
		<comments>http://www.petermacfarlane.net/2008/08/06/vanuatu-must-hand-over-tax-evidence-to-australia/#comments</comments>
		<pubDate>Wed, 06 Aug 2008 23:32:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Currencies and Cash]]></category>

		<category><![CDATA[Australian Tax Office]]></category>

		<category><![CDATA[IBC]]></category>

		<category><![CDATA[offshore]]></category>

		<category><![CDATA[vanuatu]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/08/06/vanuatu-must-hand-over-tax-evidence-to-australia/</guid>
		<description><![CDATA[How many times have I said that when trying to set up a confidential structure, don&#8217;t be lazy and go for the next door tax haven? I certainly wrote that, for example, in my comments on the Liechtenstein case targeting Germans. Another example is the Brits who were hiding their money in Jersey, or the [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/08/06/vanuatu-must-hand-over-tax-evidence-to-australia/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Peter Macfarlane will be on holiday in August. Here’s why he deserves it.</title>
		<link>http://www.petermacfarlane.net/2008/08/06/peter-macfarlane-will-be-on-holiday-in-august-here%e2%80%99s-why-he-deserves-it/</link>
		<comments>http://www.petermacfarlane.net/2008/08/06/peter-macfarlane-will-be-on-holiday-in-august-here%e2%80%99s-why-he-deserves-it/#comments</comments>
		<pubDate>Wed, 06 Aug 2008 23:01:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banks and banking offshore]]></category>

		<category><![CDATA[offshore]]></category>

		<category><![CDATA[vacation]]></category>

		<category><![CDATA[wealth building]]></category>

		<category><![CDATA[working holiday]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/08/06/peter-macfarlane-will-be-on-holiday-in-august-here%e2%80%99s-why-he-deserves-it/</guid>
		<description><![CDATA[The summer season is upon us. I’m going to be away on holiday from August 11th through September 17th. During that time you won’t be able to contact me. If you are a client, or existing client, who will need something done before mid September, contact me urgently please! 
Surprised? Jealous? You may be. But [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/08/06/peter-macfarlane-will-be-on-holiday-in-august-here%e2%80%99s-why-he-deserves-it/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Is the recession worse in Europe than the US?</title>
		<link>http://www.petermacfarlane.net/2008/07/29/is-the-recession-worse-in-europe-than-the-us/</link>
		<comments>http://www.petermacfarlane.net/2008/07/29/is-the-recession-worse-in-europe-than-the-us/#comments</comments>
		<pubDate>Tue, 29 Jul 2008 19:11:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banks and banking offshore]]></category>

		<category><![CDATA[andorra]]></category>

		<category><![CDATA[banks]]></category>

		<category><![CDATA[congress]]></category>

		<category><![CDATA[Europe]]></category>

		<category><![CDATA[Fannie Mae]]></category>

		<category><![CDATA[Freddie Mac]]></category>

		<category><![CDATA[housing market]]></category>

		<category><![CDATA[multi currency accounts]]></category>

		<category><![CDATA[recession]]></category>

		<category><![CDATA[Spain]]></category>

		<category><![CDATA[US national debt]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/07/29/is-the-recession-worse-in-europe-than-the-us/</guid>
		<description><![CDATA[Last weekend was expensive for US citizens, who now owe $2,666 more per head than they did last week, following Congress&#8217;s emergency weekend session to bail out Fannie Mae and Freddie Mac. (You can read that story here)
However, is Europe faring any better? According to the Daily Telegraph, the euroskeptic British organ of right wing [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/07/29/is-the-recession-worse-in-europe-than-the-us/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Are Nominee Directors Still a Good Idea?</title>
		<link>http://www.petermacfarlane.net/2008/07/28/are-nominee-directors-still-a-good-idea/</link>
		<comments>http://www.petermacfarlane.net/2008/07/28/are-nominee-directors-still-a-good-idea/#comments</comments>
		<pubDate>Mon, 28 Jul 2008 13:36:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Recommended sites]]></category>

		<category><![CDATA[IBC]]></category>

		<category><![CDATA[nominee director]]></category>

		<category><![CDATA[Panama company]]></category>

		<category><![CDATA[professional director]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/07/28/are-nominee-directors-still-a-good-idea/</guid>
		<description><![CDATA[That&#8217;s a question I&#8217;m often asked by clients in relation to offshore company formations, particularly in relation to Panamanian companies where nominee directors are standard. There&#8217;s a good article here. 
Below is an extract:
What is the difference between Nominee Directors and Professional Directors
A Professional director is a term normally used to refer to nominee directors [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/07/28/are-nominee-directors-still-a-good-idea/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Two more US banks fail, nearly</title>
		<link>http://www.petermacfarlane.net/2008/07/26/two-more-us-banks-fail-nearly/</link>
		<comments>http://www.petermacfarlane.net/2008/07/26/two-more-us-banks-fail-nearly/#comments</comments>
		<pubDate>Sat, 26 Jul 2008 19:21:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Cautionary tales and real cases]]></category>

		<category><![CDATA[Currencies and Cash]]></category>

		<category><![CDATA[]]></category>

		<category><![CDATA[First Heritage Bank]]></category>

		<category><![CDATA[First National Bank of Nevada]]></category>

		<category><![CDATA[Mutual of Omaha Bank]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/07/26/two-more-us-banks-fail-nearly/</guid>
		<description><![CDATA[I&#8217;m losing count now, but I think these are respectively the sixth and seventh US banks to fail this year. Well, technically they didn&#8217;t fail. What happened was in one fell swoop, the FDIC lost $862 million, and  First National Bank of Nevada and  First Heritage Bank NA of California will reopen on [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/07/26/two-more-us-banks-fail-nearly/feed/</wfw:commentRss>
		</item>
		<item>
		<title>US banks propped up by Fed. Who Else is Going to Lend to Them?</title>
		<link>http://www.petermacfarlane.net/2008/07/26/us-banks-propped-up-by-fed-who-else-is-going-to-lend-to-them/</link>
		<comments>http://www.petermacfarlane.net/2008/07/26/us-banks-propped-up-by-fed-who-else-is-going-to-lend-to-them/#comments</comments>
		<pubDate>Sat, 26 Jul 2008 01:25:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banks and banking offshore]]></category>

		<category><![CDATA[Currencies and Cash]]></category>

		<category><![CDATA[bank collapse]]></category>

		<category><![CDATA[brokerage collapse]]></category>

		<category><![CDATA[commodity price]]></category>

		<category><![CDATA[Fannie Mae]]></category>

		<category><![CDATA[FDIC]]></category>

		<category><![CDATA[Fed]]></category>

		<category><![CDATA[Freddie Mac]]></category>

		<category><![CDATA[gold]]></category>

		<category><![CDATA[LIBOR]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/07/26/us-banks-propped-up-by-fed-who-else-is-going-to-lend-to-them/</guid>
		<description><![CDATA[U.S. banks&#8217; direct primary credit borrowing from the Federal Reserve rose to the highest level ever this week, reflecting the growing need of the banking sector to rely on the central bank, according to analysts quoted by Reuters.
On the day of July 23, banks&#8217; primary credit borrowings rose to $17.68 billion, the highest borrowing since [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/07/26/us-banks-propped-up-by-fed-who-else-is-going-to-lend-to-them/feed/</wfw:commentRss>
		</item>
		<item>
		<title>UBS accused of fraud in US</title>
		<link>http://www.petermacfarlane.net/2008/07/26/ubs-accused-of-fraud-in-us/</link>
		<comments>http://www.petermacfarlane.net/2008/07/26/ubs-accused-of-fraud-in-us/#comments</comments>
		<pubDate>Sat, 26 Jul 2008 00:50:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banks and banking offshore]]></category>

		<category><![CDATA[auction-rate securities]]></category>

		<category><![CDATA[fraud]]></category>

		<category><![CDATA[New York attorney general]]></category>

		<category><![CDATA[UBS]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/07/26/ubs-accused-of-fraud-in-us/</guid>
		<description><![CDATA[Just adding to the woes of UBS, the New York State Attorney General yesterday filed a multi-billion dollar civil lawsuit against the Swiss banking giant, for allegedly offloading troubled auction-rate securities owned by the bank and its senior staff on to retail investors.
The lawsuit charges UBS with falsely marketing and selling auction-rate securities as safe, [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/07/26/ubs-accused-of-fraud-in-us/feed/</wfw:commentRss>
		</item>
		<item>
		<title>The Future of Financial Privacy Made Easy!</title>
		<link>http://www.petermacfarlane.net/2008/07/24/the-future-of-financial-privacy-made-easy/</link>
		<comments>http://www.petermacfarlane.net/2008/07/24/the-future-of-financial-privacy-made-easy/#comments</comments>
		<pubDate>Thu, 24 Jul 2008 17:11:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banks and banking offshore]]></category>

		<category><![CDATA[IBCs]]></category>

		<category><![CDATA[offshore]]></category>

		<category><![CDATA[offshore corporations]]></category>

		<category><![CDATA[Panama Foundations]]></category>

		<category><![CDATA[Swiss banks]]></category>

		<category><![CDATA[tax avoidance]]></category>

		<category><![CDATA[tax evasion]]></category>

		<category><![CDATA[UBS]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/07/24/the-future-of-financial-privacy-made-easy/</guid>
		<description><![CDATA[All around us, we see attacks on financial privacy. It might be easy to despair. To think that the right to financial privacy is a thing of the past. Hot on the heels of the latest UBS scandal in the US that I wrote about a few days ago, come press releases from the UK [...]]]></description>
		<wfw:commentRss>http://www.petermacfarlane.net/2008/07/24/the-future-of-financial-privacy-made-easy/feed/</wfw:commentRss>
		</item>
		<item>
		<title>UBS withdraw from US market - Nothing Surprising</title>
		<link>http://www.petermacfarlane.net/2008/07/17/ubs-withdraw-from-us-market-nothing-surprising/</link>
		<comments>http://www.petermacfarlane.net/2008/07/17/ubs-withdraw-from-us-market-nothing-surprising/#comments</comments>
		<pubDate>Thu, 17 Jul 2008 23:58:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banks and banking offshore]]></category>

		<category><![CDATA[IRS]]></category>

		<category><![CDATA[Mark Branson]]></category>

		<category><![CDATA[Senate]]></category>

		<category><![CDATA[tax evasion]]></category>

		<category><![CDATA[UBS]]></category>

		<guid isPermaLink="false">http://www.petermacfarlane.net/2008/07/17/ubs-withdraw-from-us-market-nothing-surprising/</guid>
		<description><![CDATA[Only a couple of days ago I commented on the case going on in the US at the moment involving UBS, the international banking giant headquartered in Switzerland. Today, more news emerged.  UBS publicly apologized to the US senate for helping Americans avoid taxes. Furthermore, they  promised to cease providing offshore banking services to [...]]]></description>
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