Bailout of U.S. Banks Gives British Rum a $2.7 Billion Benefit

Ryan J. Donmoyer 6/26/2009

June 26 (Bloomberg) — In June 2008, U.S. Virgin Islands Governor John deJongh Jr. agreed to give London-based Diageo Plc billions of dollars in tax incentives to move its production of Captain Morgan rum from one U.S. island — Puerto Rico — to another, namely St. Croix.

DeJongh says […]