The Panama Papers: Massive Leak Reveals the Global Elite's Secret Cash Havens

[jumpgirl]

Comments

[blackjedii]

follow up headline will be: scientists surprised to find footage of bears in woods

I wish this wold be taken more seriously than it probably will be.

[hammersxstrings]

i just saw this and was surprised I hadn't heard anything really about it yet, since it was 8 hours ago, but if it JUST hit, and it's that much data, I imagine it will be a little bit before some of the more scandalous stuff comes to light, as it takes some time to shift through that type of data. offshore accounts aren't illegal, it's how you use them, but there's gotta be some crazy ass shit that is gonna come from this eventually...

[chaya]

Iceland's PM has already been outed as having an undeclared offshore company. The scandals are already rolling in.

[hammersxstrings]

I saw that this morning. I saw a tweet that theres something like, 22k people (their pop is only like 330k) protesting outside parliament, throwing eggs and stuff.

[amw]

I think the meta-narrative here is almost more interesting than the actual story. Apparently the whistleblower got in touch with the press about this a year ago, and it's taken that long for the investigation team to comb through all the data to a point where they have some smoking guns. I can't imagine the amount of work they must have done, and it must have taken a lot of restraint to not just drop the whole database on the world, violating the privacy of the few people who have legitimate reasons for going offshore

[chaya]

Yeah, I was shocked when they mentioned on the radio that they've had these documents for MONTHS and were only just making any reports on it...

[amw]

I think they took their time so that they could put together a bulletproof paper trail that exposes only the real tax evaders and political figures whose finances "should" be open rather than accidentally violating privacy or slander laws that protect "legitimate" users of shell companies. Watching them bring the receipts today instead of scrambling for more data is giving me so much more pleasure than it should.

[phililen3]

2.6 TB of data is a lot to goo through... OMG.....
Nothing surprising about all this, but it is no less infuriating because you know where politicians are involved there is going to be some stolen public money. Am already thinking about who from my country is on there...
And of course it's not going to make that many waves because some of the world elite who are involved also own the media companies that could be writing on this.

[ayajedi]

I find this very very interesting. I will be interested to see what comes of all of this