2013 April 04

What’s a tax haven? Answer: a Thiefdom

Posted on April 4 2013

I was in email conversation yesterday afternoon when it was suggested to me that the proper description for a tax haven was a Thiefdom. I
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Barclays, its crime was to be abnormally exploitative

Posted on April 4 2013

As the FT notes this morning: Barclays should lower warped pay levels, end the bank’s “entitlement culture” and usher in a spirit of “transparency and
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The real problem with banking is we’ve only just got to the stage of criticising. When will we get to solutions?

Posted on April 4 2013

The Guardian business web site tells us a lot about banking this morning: So, Barclays were bastards, RBS were allegedly conmen, HBOS were incompetent and Lloyds were mugs.
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What’s really important about today’s tax haven stories in papers worldwide is it will scare the shit out of those who use these places

Posted on April 4 2013

I think on this occasion the headline to this story says it all. Tax havens trade on secrecy. If that secrecy is shattered tax havens have lost their
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The evidence is clear: lawyers, bankers and accountants run a web of corruption in tax havens

Posted on April 4 2013

The International Consortium of Investigative Journalists has published a vast array of articles on offshore today, based on hundreds of thousands of leaked documents. The Guardian and
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