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There Will Be A Huge New 'Panama Papers' Data Dump (businessinsider.com)

Posted by BeauHD on from the coming-soon-to-a-theater-near-you dept.

An anonymous reader writes: The International Consortium of Investigative Journalists said in an email that on May 9 it would "publish what will likely be the largest-ever release of information about secret offshore companies and the people behind them," based on data from the Panama Papers investigation. "The searchable database will include information about more than 200,000 companies, trusts, foundations, and funds incorporated in 21 tax havens, from Hong Kong to Nevada in the United States." The ICIJ said in the email, "The impact of Panama Papers has been epic." The investigation has caused Icelandic Prime Minister Sigmundur David Gunnlaugsson to resign following revelations about his personal finances. It has caused Putin to point fingers at the West, accusing the U.S. of trying to weaken Russia. It has even created drama in the UK with calls for Prime Minister David Cameron to resign after his connections to offshore companies became evident. In addition, the ICIJ said, "[The Panama Papers investigation] sparked a new sense of urgency among lawmakers and regulators to close loopholes and make information about the owners of shell companies public."

4 of 110 comments (clear)

  1. Possibly largest text coherent collection ever by Alomex · · Score: 4, Funny

    largest-ever release of information about secret offshore companies and the people behind them

    Actually there is so much data that this is possibly the largest release of a coherent text collection of any kind, secret or not.

    1. Re:Possibly largest text coherent collection ever by EmperorArthur · · Score: 4, Funny

      And 90% of it is boilerplate legalese. I'll bet it compresses rather nicely.

      --
      So lets pretend that we've just completed writing this code, as opposed to having just completed sabotaging it -Altera
  2. Re:Sad truth: No Jail Time or RICO confiscation by wardrich86 · · Score: 5, Funny

    Assuming some of these people are the same people making profit off of privatized jails... would they actually make more money by throwing themselves in jail?

  3. Re:Soros by quintessencesluglord · · Score: 3, Funny

    Dude, you know the drill!

    First you have to do a 5 paragraph screed about the evils of money in politics with subtle hints that the Koch Bros are in league with Satan (or big oil. Same difference really).

    Then you do at least 7 posts of how Republicans are out to eat babies, rape your grandmother, and cheat at softball.

    And then you mention Soros as a half-assed et tu and mention the CCX in passing before the popcorn starts.