John Kerry's tax shelter, a time line:

Sometime in 1983 - Receives a "windfall" of $225,105
Dec 5 1983 - Sets up Peabody Commodity Trading Corp with about $200,000
Dec 13, 1983 - Takes out a loan of about $200,000, with shares of Peabody as collateral
"March or April" 1984 - Kerry says that he "cancelled" the agreement, on advice of his accountant