Victor Posner

At 10 minutes of FTR# 531a

Attachments

...He owned a Delaware factory called NVF that made Vulcan rubber. NVF had a workers compensation policy with an AIG company, which reinsured it with Chesapeake, a reinsurance company based in Bermuda, an offshore center. ...
...I wrote about the case on Alternet, but it has not been reported in the corporate press. Victor Posner, who died in 2002, was a crook known as the original 'corporate raider,' famed for engineering hostile takeovers of companies and looting them. ...
...Posner would write off the entire amount as a business expense and enjoy the extra cash in Bermuda, tax free. ...
2005 FTR #531 Interview with Lucy Komisar about Offshore
NVF
Steven Posner
Tracy Posner