International Financial Transparency

at 9:00 AM

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.

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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