The weekend’s biggest story by far: the leak of a massive trove of documents, over 2.6 terabytes of data, from the Panamanian law firm Mossack Fonseca, which specializes in creating offshore companies. The documents were handed over to the German paper Süddeutsche Zeitung under mysterious circumstances. The paper shared the documents with an NGO called the International Consortium of Investigative Journalists, which in turn unleashed 107 media organizations in 78 countries onto the find.It’s unclear how the documents saw the light of day—disgruntled employee? black hat hackers? state-sponsored espionage?—but the haul, which was officially announced yesterday, is impressive.About $2 billion …read more
Source: The American Interest
