Instead they set up special purpose vehicles that raised money from investors.
Although some of the false claims came from genuine medical-equipment suppliers, other firms were simply fronts set up for the purpose of fleecing the programme.
Now Goldman intends to set up a special purpose vehicle (SPV) so its high-net-worth clients can skirt IPO laws and get their money in before Facebook goes public.
The ex-CEO of Comverse Technology arranged a secret slush fund of stock options by directing grants to "phantom" employees in a special account set up for the purpose, according to federal prosecutors.
Like many things in America, patents were set up with a good purpose that has been twisted beyond all recognition by large corporations.
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Capital One said it recommends customers should call if planning to use their cards while travelling abroad - but again they do not have a dedicated system set up just for this purpose.
Most of its profit now comes from constructing large solar power plants and selling them to debt-financed shell companies set up solely for the purpose of locking in a fixed yield based on electricity sales to utilities.
Remember: Anyone could set up a site for the purpose of collecting credit card numbers and not ship anything.
It makes judges skeptical that the partnership was really set up for a legitimate business purpose, other than just saving taxes.
Despite paying initial lip-service to the need to counteract the debilitating oil-price cycle by saving money during the boom years, he has virtually emptied the fund set up in 1998 for that purpose.
The project is supported by ESA and an industrial consortium specifically set-up by ESA for this purpose.
She argues that employers are not considering graduates on purpose and has set up a Facebook group, called Against Graduate Discrimination, to help others in the same boat.
The UNESCO National Commissions are national cooperating bodies set up by the Member States for the purpose of associating their governmental and non-governmental bodies with the work of the Organization.
Our purpose was simply to set up an orphanage, which has been set up in the Dominican Republic, and offer orphans the opportunity to receive the medical care and the physical care that they wouldnt be able to receive otherwise.
Mitt Romney, Newt Gingrich, Rick Santorum, and Ron Paul have been kept afloat by at least one Super PAC set up by their political allies with the explicit purpose of raising and spending millions of dollars in unrestricted campaign donations.
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The changes are based on the Hargreaves Review which was set up to examine current legislation's fitness for purpose in the digital age.
However, some observers say that the SEC may be tempted to conclude that the new breed of special-purpose vehicles being created by the likes of Goldman have been set up specifically to get around the 500-shareholder rule.
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But a special purpose vehicle to dish out 440bn euros in bilateral loan guarantees will take longer to set up.
The problem is not to set up a new organization, but to try to get all the organizations to work together for a common purpose.
Per the structure of the payment plan set up in the mortgage settlement, each state government is to receive a direct portion of the money for the purpose of funding future law enforcement efforts, providing additional relief to borrowers, paying civil penalties, funding of foreclosure relief programs and to compensate the state for its losses from the crisis.
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