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Paradise Papers...

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  1. #1

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    Paradise Papers...

    First there was Mossack and then it was Appleby.

    Millions of Leaked Files Shine Light on Where the Elite Hide Their Money

    https://www.nytimes.com/2017/11/05/w...se-papers.html

    irisboards likes this.

  2. #2

  3. #3

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    Silicon Valley Links....

    Kremlin Cash Behind Billionaire’s Twitter and Facebook Investments

    https://nyti.ms/2hIyoPu


  4. #4

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    And some of the queen's investments..

    https://www.theguardian.com/news/201...aradise-papers


  5. #5

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    What's new? Rich people have money, hide it, invest it, do things borderline legal with it.

    I'd be more surprised a Unicorn was spotted in Victoria Park.

    East_coast, shri, emx and 1 others like this.

  6. #6

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    Quote Originally Posted by Mat:
    What's new? Rich people have money, hide it, invest it, do things borderline legal with it.

    I'd be more surprised a Unicorn was spotted in Victoria Park.
    Why do people get upset with rich people using loop holes rather than governments that don't close them when found.

  7. #7

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    Quote Originally Posted by East_coast:
    Why do people get upset with rich people using loop holes rather than governments that don't close them when found.
    The government and the rich people are usually interlinked

  8. #8
    Quote Originally Posted by East_coast:
    Why do people get upset with rich people using loop holes rather than governments that don't close them when found.
    Because it takes International action, which is slow. Individual countries are powerless because if they close one loophole, another one opens. And then there are the cost to the state, expensive investigations, rich people hiring good lawyers to defend their actions in court, etc.

    Of course, on the other hand, we could just root for governments that kick the rich people's butt. Usually, it involves the establishment of a communist party....

  9. #9

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    Quote Originally Posted by civil_servant:

    Of course, on the other hand, we could just root for governments that kick the rich people's butt. Usually, it involves the establishment of a communist party....
    You mean a corrupted gvt where the rich are even richer (China) and go around in total impunity (as long as they grease the right people)?

  10. #10
    Quote Originally Posted by Mat:
    You mean a corrupted gvt where the rich are even richer (China) and go around in total impunity (as long as they grease the right people)?
    Those guys lost their plot.

    Just saying, it's a lot more complicated and difficult than plugging loopholes.

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