https://pjmedia.com/richardfernandez/2009/06/29/a-rum-transaction-if-ever-there-was-one/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 01:58:48 -0400<![CDATA[Bloomberg describes an unlikely beneficiary of taxpayer TARP money: a British distillery. Diageo Plc. The story of how a British liquor company got paid $2.7 billion to build a distillery in the Virgin Islands is a convoluted one. Like most things in Washington, it had history. But before getting to that, here&#8217;s happened in a nutshell. The measure was stampeded through when panic over the financial crisis (=opportunity) was at its height. (Hat tip: Crooks and Liars)]]>Mon, 29 Jun 2009 05:34:19 -0400<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2009/06/29/a-rum-transaction-if-ever-there-was-one-n188689