Secret Files Expose Offshore’s Global Impact..of the world richest

[Svnla]

Interesting read.

32 Trillion Dollars? A list of who is who of the riches (legal and illegal) around the world (US, Asia, Europe, and so on).

Even as the world economy has stumbled, the offshore world has continued to grow, said Henry, who is a board member of the Tax Justice Network, an international research and advocacy group that is critical of offshore havens. His research shows, for example, that assets managed by the world’s 50 largest “private banks” — which often use offshore havens to serve their “high net worth” customers — grew from $5.4 trillion in 2005 to more than $12 trillion in 2010.

http://www.icij.org/offshore/secret-files-expose-offshores-global-impact

 

[iGas]

I read it earlier today. Quite interesting.

http://business.financialpost.com/2...leak-includes-names-of-450-wealthy-canadians/

The names of at least 450 wealthy Canadians are contained on a massive leaked list of offshore tax haven account holders, according to the Washington, DC-based International Consortium of Investigative Journalists.
The list, taken from a cache of 2.5-million leaked digital files, exposes the identities of nearly 130,000 people world-wide with savings stashed in hidden accounts as well as bank sales agents, the ICIJ said in a release that went out Wednesday evening.
Among the Canadian names is high-profile class action lawyer Tony Merchant, husband of Senator Pana Merchant, according to the CBC, one of a number of media outlets in several countries that acquired the information from the ICIJ.

 

[unokitty]

"Also featured in the list, which includes some 4,000 people born in the United States, is composer Denise Rich, ... she had $144 million in April 2006 in a trust in the Cook Islands at the time. ... Rich's ex husband, hedge fund manager Marc Rich, was prosecuted in the United States in 1983 for tax evasion. In a highly controversial move, former President Bill Clinton pardoned Rich during his last day in office. Denise Rich gave up her US citizenship at the end of 2011 and lives in Austria today."
-- Der Spiegel


Be a rich Democrat. Bundle money for Bill Clinton.

Get caught cheating on your taxes. Get a pardon from President Clinton!

Keep your money in secret off shore accounts.

Run on platform that the 1% needs to pay their fair share.

LOL!!!

Uno