Delaware is where it’s at

FT Alphaville ¬ª Blog Archive ¬ª Delaware is where it’s at.

The FT blog says:

So all those hedge funds that are threatening to pull out of the UK and move to Switzerland amid the threat of more draconian EU legislation should really be heading for… beautiful downtown Delaware!

And

Indeed, as the FT notes, “The question of the degree of blame attached to rich nations and tax havens for failings in financial transparency has become highly political in the wake of the credit crunch”.

Quite so.

And exactly what the Financial Secrecy Index is about.