Lawyer wants easier access for wealthy
programme for the super-rich as a means of securing their businesses on the Island.
Miami-based lawyer Mr. Denis Kleinfeld, the chairman of the education committee of the Offshore Institute, said in the keynote speech at Marketing Bermuda Internationally seminar at the Princess Hotel, a seminar on Friday that Bermuda's financial sector would benefit from the influx of capital into the Island.
But Mr. Kleinfeld surprised listeners when he called for AIDS patients to be quarantined and for drug dealers to be executed during his speech, entitled: "Bermuda: The Global Perspective''.
He also said: Bermuda should not create a welfare state; Bermuda should create an educational system that provides skills for high-tech and service jobs; Bermuda must be service orientated. "Bermuda must realise that it exists as a service economy and respond accordingly,'' he said. "It must understand who the customer is,'' he said; The lack of banking facilities and trust companies will be a hindrance.
"Without an expansion in the banking area Bermuda will likely be left behind in the growing offshore financial markets,'' he said; Bermuda should pursue asset protection trust business; and The Bermuda Government should support business .
"Government policies should be led by and supported by business. This is a successful policy. Where Government expects business to support a politically motivated agenda is a policy for failure,'' he said.
Earlier in the speech, he voiced radical solutions to problems such as AIDS, gun control, drugs and illegitimacy.
One civil servant attending the seminar labelled the speech "as a sad vision of the future'' and reminiscent of Hitler. A top Government official said Mr.
Kleinfeld showed no understanding of Bermuda. However, his views on illegitimacy and the welfare state were interpreted as sensible by one banker in attendance.
The one-day seminar was attended by local professionals and organised by lawyer Ms Keren Lomas.
