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was not on good terms with Mr. Kersting. Under cross-examination
by Mr. Izen, Mr. Alexander admitted that he had talked with
Mr. McWade about submitting an affidavit concerning
Mr. Kersting's programs. When asked by Mr. Izen whether he and
Mr. McWade had discussed a reduction of Mr. Alexander's tax
liability in exchange for the affidavit, Mr. Alexander responded,
"Specifically, no."58 Mr. Izen's cross-examination of
Mr. Alexander included questions concerning Mr. Alexander's
various dealings with Mr. Kersting, including First Savings and
Mr. Alexander's participation in the Kersting programs at issue
in the trial.
After Mr. Izen had questioned Mr. Alexander about his
participation in the Kersting programs at issue in the trial,
Mr. McWade elicited testimony from Mr. Alexander (on redirect
examination) that Mr. Kersting had represented to Mr. Alexander
and others that the promissory notes underlying the interest
expense deductions would not be called for payment.
58 Mr. Izen questioned Mr. Alexander as follows:
Mr. Izen: Have you ever offered * * * Mr. McWade,
or any other person connected with the Internal Revenue
Service, an affidavit concerning your testimony
concerning these tax shelters?
Mr. Alexander: We talked about it.
Mr. Izen: Did you ever offer to them to testify
in return for reducing your own personal taxes? The
amount of.
Mr. Alexander: Specifically, no.
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