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by ger32
on 8/4/16
""How ironic—no, how perverse—that the USA, which has been so sanctimonious in its condemnation of Swiss banks, has become the banking secrecy jurisdiction du jour," wrote Peter A. Cotorceanu, a lawyer at a Zurich law firm, in a recent legal journal. "That 'giant sucking sound' you hear? It is the sound of money rushing to the U.S.A."

The Guardian points out, "in 2015, in a ranking of tax havens most attractive for those looking to hide assets, the U.S. came in third—surpassing Caymans and Singapore."

"What was Panama’s ranking?" the newspaper writes. "It was ten spots behind the U.S., at 13.""

http://www.commondreams.org/news/2016/04/06/beyond-panama-what-world-really-needs-delawarepapers