Largest leak in history reveals world leaders and businesspeople hiding trillions in offshore havens

No doubt that’s good info from a bunch of Yeltsin era crooks who now shill for various State Department fronts. Whatever floats your boat man.

Are you suggesting the “Panama Papers” are merely another CIA hack job, or simply a misinformation campaign?

My comment was about the NYT article you linked.

I’m sure the leaked documents are legit, if sanitized.

Seeing the reactions of various accused, there is little doubt to me that the information is factual. However, the apparent omission of any and all US banks or citizens is striking. Some have suggested that one effect of this will be to benefit US tax havens like Nevada, which are said to have laissez-faire banking legislation very comparable to that of Panama or Seychelles, and which could now expect a considerable inflow of money from those countries.

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according to the fsi 2015 report Switzerland is still the no. 1 tax haven, the US placed third and Panama is not even in the top ten.

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No omissions, apparent or otherwise. More than 200 individual Americans were named, not sure of the corporate count. The New Yorker’s take:

On the other hand, other countries appear to have provided Mossack Fonseca, which has thirty-six offices on three continents, with much more business than America did. In the past, the firm had at least one office in the United States—in Las Vegas—but it doesn’t currently have any. According to charts published by the I.C.I.J., the United States isn’t among the ten countries for which Mossack Fonseca created shell companies. (Hong Kong, Switzerland, and the United Kingdom held the first three places). And no American banks appear among the list of the ten financial intermediaries that most often requested offshore companies for their clients.

From the USA Today story:

The consortium has so far identified more than 200 people with U.S. addresses who own companies in the leaked data from the Panamanian law firm Mossack Fonseca. Some appear to be retirees purchasing real estate in places like Costa Rica and Panama, according to the consortium. But there are at least a few Americans in the leaked files who have faced charges for serious financial crimes in the U.S.

As the New Yorker article mentions, wealthy Americans have plenty of options when it comes to hiding money through intermediaries and tax havens, and MF just wasn’t the go-to firm for the majority of them.

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Yes.

Helped along by the enthusiastic and long-standing support of the Democratic establishment’s emergency backup candidate, Joe Biden.

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So it’s a relatively recent phenomenon?

Shockwave Rider strikes me as an overly optimistic analogy for the current situation.

The Sheep Look Up seems closer to the mark.

“I smell burning…”

“Yes, the wind is blowing from America today.”

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Not as far as I know; I think Biden is a maintainer of the Delaware scam rather than the creator of it.

But I’m observing this from the other side of the world. Anyone better informed around?

… ok, thanks… I should really read shit for myself.

No, it wasn’t just you. I heard about the name, “Panama Papers”, thought immediately of the Pentagon Papers, became excited, knowing damn well that American citizens as a whole aren’t any more law-abiding than citizens of any other country, and insatiably curious to hear which Upstanding American was sending millions plus out under cover of darkness.

So when I didn’t read or see the expected headlines, yes yes Putin has been stealing from the Russian people for a long time and oh there goes another FIFA personality, but where’s Sheldon Adelson or T. Boone Pickens?

They’re there, they’re just not the they I thought they’d be. :smile:

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