Private banking: laundromats for the rich

Posted on

This FT headline this morning is interesting:

Screen Shot 2015-02-12 at 07.23.30

 

The admission is, of course, that what I and the Tax Justice Network have been saying for years about these banks that operate in shady places has been right.

Take this 2008 publication as an example. We said back then tax havens were creating turmoil. It's fair to say we were right.


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here:

  • Richard Murphy

    Read more about me

  • Support This Site

    If you like what I do please support me on Ko-fi using credit or debit card or PayPal

  • Archives

  • Categories

  • Taxing wealth report 2024

  • Newsletter signup

    Get a daily email of my blog posts.

    Please wait...

    Thank you for sign up!

  • Podcast

  • Follow me

    LinkedIn

    LinkedIn

    Mastodon

    @RichardJMurphy

    BlueSky

    @richardjmurphy.bsky.social