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'Panama Papers' Expose Offshore Wealth of Global Leaders

On Sunday, over 100 media outlets published coordinated articles about aleak of 11 million financial documents dubbed the "Panama Papers." In whatis being called the biggest leak of financial data in history, the documentsexpose world leaders and celebrities who allegedly hid their assets inoffshore bank accounts using a Panama-based law firm called MossackFonseca. The expose has ignited protests around the world and triggered theresignation of Iceland's prime minister. We discuss the breakthroughinvestigation, its ties to Vladimir Putin and China and the ripple effects thepapers will have in America.
Michael Krasny
 (Spencer Platt/Getty Images)

On Sunday, over 100 media outlets published coordinated articles about a leak of 11 million financial documents dubbed the “Panama Papers.” In what is being called the biggest leak of financial data in history, the documents expose world leaders and celebrities who allegedly hid their assets in offshore bank accounts using a Panama-based law firm called Mossack Fonseca. The expose has ignited protests around the world and triggered the resignation of Iceland’s prime minister. We discuss the breakthrough investigation, its ties to Vladimir Putin and China and the ripple effects the papers will have in America.

Guests:

Dominic Rushe, U.S. business editor, The Guardian

James Henry, senior sdvisor, Tax Justice Network; senior fellow, the Columbia University Center on Sustainable Investment; author of "The Blood Bankers: Tales from the Global Underground Economy" and the forthcoming "The Pirate Bankers"

Ian Bremmer, president, The Eurasia Group

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