The Panama Papers

The Panama Papers Author Bastian Obermayer
ISBN-10 9781786071491
Year 2017-03-30
Pages 384
Language en
Publisher Oneworld Publications
DOWNLOAD NOW READ ONLINE

Late one evening, investigative journalist Bastian Obermayer receives an anonymous message offering him access to secret data. Through encrypted channels, he then receives documents revealing how the president of Argentina has sequestered millions of dollars of state money for private use. This is just the beginning. Obermayer and fellow Süddeutsche journalist Frederik Obermaier find themselves immersed in the secret world where complex networks of letterbox companies help the super-rich to hide their money. Faced with the contents of the largest data leak in history, they activate an international network of journalists to follow every possible line of inquiry. Operating in the strictest secrecy for over a year, they uncover cases involving European prime ministers and international dictators, emirs and kings, celebrities and aristocrats. The real-life thriller behind the story of the century, The Panama Papers is an intense, unputdownable account that proves, once and for all, that there exists a small elite living by a different set of rules and blows their secret world wide open.

The Panama Papers

The Panama Papers Author Bastian Obermayer
ISBN-10 9781786070487
Year 2016-06-18
Pages 352
Language en
Publisher Oneworld Publications
DOWNLOAD NOW READ ONLINE

"With precision and purpose, THE PANAMA PAPERS is what 'Follow the Money' means." —Bob Woodward, The Washington Post Late one evening, investigative journalist Bastian Obermayer receives an anonymous message offering him access to secret data. Through encrypted channels, he then receives documents revealing how the president of Argentina has sequestered millions of dollars of state money for private use. This is just the beginning. Obermayer and fellow Süddeutsche journalist Frederik Obermaier find themselves immersed in the secret world where complex networks of letterbox companies help the super-rich to hide their money. Faced with the contents of the largest data leak in history, they activate an international network of journalists to follow every possible line of inquiry. Operating in the strictest secrecy for over a year, they uncover cases involving European prime ministers and international dictators, emirs and kings, celebrities and aristocrats. The real-life thriller behind the story of the century, The Panama Papers is an intense, unputdownable account that proves, once and for all, that there exists a small elite living by a different set of rules and blows their secret world wide open.

The Panama Papers

The Panama Papers Author Bastian Obermayer
ISBN-10 1786070707
Year 2017-03
Pages 384
Language en
Publisher ONEWorld Publications
DOWNLOAD NOW READ ONLINE

The inside story from the journalists who set the investigation in motion

Capital Without Borders

Capital Without Borders Author Brooke Harrington
ISBN-10 9780674743809
Year 2016-09-12
Pages 358
Language en
Publisher Harvard University Press
DOWNLOAD NOW READ ONLINE

How do the one percent keep getting richer despite financial crises and the myriad of taxes on income, capital gains, and inheritance? Brooke Harrington interviewed professionals who specialize in protecting the fortunes of the world’s richest people: wealth managers. To gain access to their tactics and mentality, she trained to become one of them.

The Hidden Wealth of Nations

The Hidden Wealth of Nations Author Gabriel Zucman
ISBN-10 9780226245423
Year 2015-09-22
Pages 200
Language en
Publisher University of Chicago Press
DOWNLOAD NOW READ ONLINE

In The Hidden Wealth of Nations he offers an ambitious agenda for reform, focused on ways in which countries can change the incentives of tax havens. Only by first understanding the extent of the wealth being secretly held can we begin to estimate the kind of actions that would force tax havens to give up their practices. Zucman's work has quickly become the gold standard for quantifying the amount of the world's assets held in havens, and in this concise book, he lays out in approachable language how the international banking system works and the dangerous extent to which the large-scale evasion of taxes is undermining the global market as a whole. The Hidden Wealth of Nations is essential reading if we are to find a way to solve the problem of increasing inequality

Tax Havens

Tax Havens Author Ronen Palan
ISBN-10 9780801468568
Year 2013-02-01
Pages 280
Language en
Publisher Cornell University Press
DOWNLOAD NOW READ ONLINE

From the Cayman Islands and the Isle of Man to the Principality of Liechtenstein and the state of Delaware, tax havens offer lower tax rates, less stringent regulations and enforcement, and promises of strict secrecy to individuals and corporations alike. In recent years government regulators, hoping to remedy economic crisis by diverting capital from hidden channels back into taxable view, have undertaken sustained and serious efforts to force tax havens into compliance. In Tax Havens, Ronen Palan, Richard Murphy, and Christian Chavagneux provide an up-to-date evaluation of the role and function of tax havens in the global financial system-their history, inner workings, impact, extent, and enforcement. They make clear that while, individually, tax havens may appear insignificant, together they have a major impact on the global economy. Holding up to $13 trillion of personal wealth-the equivalent of the annual U.S. Gross National Product-and serving as the legal home of two million corporate entities and half of all international lending banks, tax havens also skew the distribution of globalization's costs and benefits to the detriment of developing economies. The first comprehensive account of these entities, this book challenges much of the conventional wisdom about tax havens. The authors reveal that, rather than operating at the margins of the world economy, tax havens are integral to it. More than simple conduits for tax avoidance and evasion, tax havens actually belong to the broad world of finance, to the business of managing the monetary resources of individuals, organizations, and countries. They have become among the most powerful instruments of globalization, one of the principal causes of global financial instability, and one of the large political issues of our times.

Treasure Islands

Treasure Islands Author Nicholas Shaxson
ISBN-10 9781446450147
Year 2011-02-18
Pages 384
Language en
Publisher Random House
DOWNLOAD NOW READ ONLINE

WITH NEW AND UPDATED MATERIAL COVERING THE PANAMA PAPERS' REVELATIONS AND BRITIAN'S EU REFERENDUM VOTE Billionaire Warren Buffet, currently the third wealthiest man in the world, paid the lowest rate of tax among his office staff, including his receptionist. In 2006 the world's three biggest banana companies did nearly £400 million worth of business in Britain but paid just £128,000 in tax between them. In January 2009, US law enforcement fined Lloyds TSB $350 million after it admitted secretly channelling Iranian and Sudanese money into the US banking system. Tax havens are the most important single reason why poor people and poor countries stay poor. They lie at the very heart of the global economy, with over half the world trade processed through them. They have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest global economic downturn. In Treasure Islands, Nicholas Shaxson shows how this happened, and what this means for you.

Parliament Ltd

Parliament Ltd Author Martin Williams
ISBN-10 9781473633889
Year 2016-05-26
Pages 352
Language en
Publisher Hachette UK
DOWNLOAD NOW READ ONLINE

'Eye-popping analysis of politicians' finances... a ground-breaking study... a fascinating and important work.' Sunday Times 'Immaculately researched... A powerful reminder that reporters can serve the public good... Should make journalists proud - and may even help to make the world a better place' Peter Oborne, New Statesman Who do our politicians work for? The public, or big business? If you want to understand why British politics isn't working, the first place to start is here. Parliament Ltd reveals the financial interests that British politicians would rather you didn't hear about. From banks and private corporations, to lobbying and the arms trade, there are MPs making millions by moonlighting in second jobs. Where does their loyalty belong - to us or to their paymasters? Meanwhile - years after the expenses scandal - they are now claiming more than ever before. In his enthralling journey to the dark heart of British politics, Martin Williams exposes a hidden, shocking culture of greed and corruption.

Lucifer s Banker

Lucifer s Banker Author Bradley C. Birkenfeld
ISBN-10 1626343713
Year 2016-10-18
Pages
Language en
Publisher
DOWNLOAD NOW READ ONLINE

As a private banker working for the largest bank in the world (UBS), Brad Birkenfeld was an expert in Switzerland s shell-game of offshore companies and secret numbered accounts. He wined and dined ultrawealthy clients whose millions of dollars were hidden away from business partners, spouses and tax authorities. As his client list grew, Birkenfeld lived a life of money, fast cars, and beautiful women, but then he discovered that UBS was planning to betray him, so he blew the whistle to the US Government. The Department of Justice scorned Birkenfeld s unprecedented whistleblowing and attempted to silence him with a single charge of conspiracy. Yet Birkenfeld would not be intimidated. He took his secrets to the US Senate, Securities and Exchange Commission and the Internal Revenue Service, where he prevailed. His bombshell revelations helped the US Treasury recover over $12 billion in back taxes, fines and penalties from American tax cheats. But Birkenfeld was shocked to discover that at the same time he was cooperating with the US Government, the Department of Justice was still doggedly pursuing him. He was arrested, pled guilty, and served 31 months in federal prison. When he emerged, the Internal Revenue Service gave him a whistle-blower award for $104 million, the largest such payout in history. A page-turning real-life thriller, "Lucifer s Banker" is a fascinating behind-the-scenes look at the secret Swiss high-net-worth banking industry and a harrowing account of our government s justice system. Readers will follow Birkenfeld as they will share his outrage with the incompetence and possiblecorruption at the Department of Justice, and they will cheer him on as he hammers one of the most well-known and powerful banks in the world."

The Offshore World

The Offshore World Author Ronen Palan
ISBN-10 0801472954
Year 2006
Pages 225
Language en
Publisher Cornell University Press
DOWNLOAD NOW READ ONLINE

The atlas of contemporary capitalism is curious indeed. A desperately poor and civil-war-wracked nation, Liberia, is the world's shipping superpower; the Cayman Islands the fifth-largest financial center in the world; land-locked Zurich a venerable "offshore" banking center. Indeed, it is estimated that half of the global stock of money passes through tax havens. The logic of the offshore world, where millionaires and corporations roam in search of financial advantage, is slippery. It challenges many conventional assumptions about power and economics.In the single most comprehensive account of the offshore economy, Ronen Palan investigates the legal spaces, unregulated and yet maintained and supported by the state system, that have emerged for purposes of international finance, tax havens, export processing zones, flags of convenience, and e-commerce. The offshore economy had its beginnings in the late nineteenth century, saw early development after the First World War, and metastasized in the 1970s. Palan believes that a rapidly expanding offshore economy is now producing a new market in sovereignty; states have discovered that their rights to write law may be used as a commercial asset. This commercialization of sovereignty, he asserts, undermines the legitimacy of the nation-state and supports a form of nomadic capitalism.

The Destructive Power of Family Wealth

The Destructive Power of Family Wealth Author Philip Marcovici
ISBN-10 9781119327523
Year 2016-12-12
Pages 296
Language en
Publisher John Wiley & Sons
DOWNLOAD NOW READ ONLINE

Wealth owners are responsible for more than just assets The Destructive Power of Family Wealth offers thoughtful, holistic planning to ensure that your wealth remains a positive force for your family. While today's families have become global and the world has become smaller and more mobile, we have not yet become immune to the problems wealth poses to the family unit. This book provides authoritative guidance on family wealth management, with an emphasis on both family and wealth. Global taxation regimes, changing bank secrecy laws, asset protection and other critical issues are examined in depth to assist wealth owners in planning, and the discussion includes details on the essential tools that aid in the execution of any wealth management strategy. More than a simple financial planning guide, this book also delves into the psychology of wealth, and the effect it has on different family members; wealth destroys families every day, and smart management means maintaining the health of the family as much as it means maintaining and expanding wealth. Family wealth brings advantages, but it also carries a potential for destruction. Wealth owners have a responsibility to their families and to themselves, and this book provides the critical guidance you need to get it right, whether you are part of a wealth-owning family or are an advisor to wealth-owning families. Learn how careful planning can prevent family strife Protect assets from risks ranging from divorce to political upheaval Explore the many tools that facilitate secure wealth management Discover how changing global regulations affect wealth Understand how private banks and other advisors work Uncover challenges faced by the wealth management industry Find out how to work with advisors and to manage costs while ensuring efficient and effective outcomes Families at all levels of wealth are vulnerable to shifting economic climates, evolving regulatory issues, asset threats and more. Any amount of wealth is enough to shatter a family, but deeply intentional planning based on thoughtful consideration is the key to keeping destructive forces at bay. The Destructive Power of Family Wealth provides expert guidance and a fresh perspective to help you maintain both family and wealth. For those in the wealth management industry and for other advisors to wealth-owning families, The Destructive Power of Family Wealth contains insight on the needs of today's wealth-owning families, ways in which the tools of wealth planning address those needs and guidance on what it takes to be a successful, trusted family advisor.

Barbarians in the Boardroom

Barbarians in the Boardroom Author Owen Walker
ISBN-10 9781292114019
Year 2016-07-04
Pages 264
Language en
Publisher Pearson UK
DOWNLOAD NOW READ ONLINE

Activist investors have sent shockwaves through corporations in recent years, personally targeting directors and executives at some of the world’s largest companies. No longer satisfied with operating on the fringes of business, they are now a firm fixture in the boardroom. Up to a quarter of public companies could be targeted by activist campaigns in the coming years, with directors and executives at those corporations threatened with losing their jobs. The trend, which began in corporate America, has spread to the UK, Europe and Asia, taking in several high profile companies. Barbarians in the Boardroom tells a compelling story of boardroom bust ups, dumped CEOs triumphant activists and pared back companies. It reveals real-life examples and interviews with executives and investors to explain why and how activist investors have managed to storm Wall Street and tear down City citadels. Owen Walker provides an insight into the way activists think, how they decide to target a company and how directors and executives could possibly work with them rather than against them.

The Con Men

The Con Men Author Leo Gough
ISBN-10 9780273751786
Year 2013-08-27
Pages 224
Language en
Publisher Pearson UK
DOWNLOAD NOW READ ONLINE

Financial fraud, whether large or small is a persistent feature of the financial markets. If you scratch the surface of the investment world you’ll find a continuous stream of major financial scandals which are almost unbelievable in the sheer scale of their subterfuge. The Con Men shines a spotlight on some of these gargantuan frauds from the last 25 years. It questions how these men did it, why they did it, how there were able to get away with it, proposes strategies and tactics so that the reader can avoid being swindled.

Commodities For Dummies

Commodities For Dummies Author Amine Bouchentouf
ISBN-10 9781118093306
Year 2011-05-12
Pages 384
Language en
Publisher John Wiley & Sons
DOWNLOAD NOW READ ONLINE

Get more bang for your buck in the commodities market and start trading today While Wall Street has been troubled, commodity markets have been soaring. Since 2002, commodities have outperformed every other asset class including stocks, mutual funds, and real estate. This hands-on, friendly guide gives you the basics on breaking into the market, dispels common myths, and shows you how to implement a wide range of trading and investing strategies. It also helps you diversify your portfolio, measure risk, and apply market analysis techniques. Expanded coverage of the types of commodities available to investors Advice on how to manage the risks and rewards of commodities Updated examples and information on SEC rules and regulations (and tax laws) Featuring time-tested rules for investment success Commodities For Dummies helps you minimize risk, maximize profit, and find the shortest route to Easy Street.