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Mon, Jan 23, 2012 -- 9:00 AM

International Financial Transparency


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Nearly $1 trillion worth of illegal funds flows out of the developing world each year, according to a new report from Global Financial Integrity. The source of the flow? Some stems from crime, some from corruption -- but the majority comes from legal, secret tax havens. We discuss the global impact of financial secrecy.

Host: Michael Krasny

Guests:

  • Tom Cardamone, managing director of Global Financial Integrity, which promotes national and multilateral policies, safeguards and agreements aimed at curtailing the cross-border flow of illegal money

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