Where did all the money go? Secret Files Expose Offshore’s Global Impact

Is a third of the world’s wealth tied up in the secret area of offshore? The mega-rich use of complex offshore structures is exposed.

630secrecyforsale_header_homeHIGHLIGHTS OF OFFSHORE LEAKS SO FAR
By Emily Menkes
April 4, 2013, 1:00 pm

Today marks the beginning of one of the biggest financial leaks in history.

The International Consortium of Investigative Journalists has just released the first stories from a global collaborative project into the world of offshore money. The Tax Justice Network, an advocacy group claims that a third of the world’s wealth is tied up in the secret area of offshore. Continue reading

The mattress safe – the latest way to bank with confidence

My Mattress Savings BankEuropeans are a stone’s throw across the pond and what happens there eventually, like the Beatles, happens here. Many in the Euro-zone are asking each other and themselves:

Is your money safe in the bank? Obviously not if you deposited large sums in Cyprus – where the decision to raid savings accounts has rung alarm bells in other countries teetering on the bank bailout high-wire,” posts  of the UK’s Guardian News. Continue reading