The Hightower Lowdown, 5/3/16
The “Panama Papers” reveal a global web of the superrich hiding their wealth and nefarious deals in shell corporations set up by Mossack Fonseca, a Panamanian law firm.
Interestingly, though, very few of our country’s moneyed elite have surfaced as players in Mossack Fonseca’s Panamanian shell game. Perhaps US billionaires and corporations are just more honest than those elsewhere.
Ha-ha-ha, just kidding! Not more honest, just luckier. You see, America’s conniving richies don’t have to go to Panama to set up an offshore flim flam – they have the convenience of hiding their money and wrongdoings in secret accounts created right here in states like Delaware, Nevada, and Wyoming….
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