Monday, April 4, 2016

Monster Found In Panama....


Just like the optical illusion that appears in the above photograph, the so-called 'Panama Papers' are nothing more but another feeble attempt to distort reality. Bringing with it a lot of attention to something that everyone in corporate finance knows already, and most people with a brain cell have already figured out year's ago!

There is no 'big secret'. There is no surprise in today's news about a Panamanian law firm leak of thousands of confidential papers about the off-shore dealings of the elite. The world's financial markets run on 'offshore'. The world runs on 'offshore'.


  1. launder
    ˈlɔːndə/
    verb
    1. 1.
      wash and iron (clothes or linen).
      "he wasn't used to laundering his own bed linen"
      synonyms:washclean, wash and iron, wash and press, dry-clean
      "the used sheets are taken away to be laundered"
    2. 2.
      informal
      conceal the origins of (money obtained illegally), typically by transfers involving foreign banks or legitimate businesses.
      "$123,000 had been laundered through Geneva bank accounts"

The question is why Panama? ... Why now?

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