Offshore: The Dark Side of the Global Economy
Год выпуска: 2005
Автор: William Brittain-Catlin
Издательство:
Страниц: 288
ISBN: 0374256985
Описание A revealing-and chilling-exposA© on the hidden side of global wealth and power A revealing-and chilling-exposA© on the hidden side of global wealth and power Offshore is an unprecedented exploration of perhaps the most mysterious aspect of global society today-and one of the most provocative books about money and business to appear in the decade since the age of globalization began. The world of offshore finance is one of dummy companies, shadow bank accounts, post office boxes, foreign registries, and the like, which allow giant corporations--such as Wal-Mart, British Petroleum, and Citigroup--to keep huge profits out of sight of investors, regulators, and the public. Whether in the Cayman Islands or the shadowy redoubts of the Islamic financial center of Labuan, Malaysia, "offshore" is where the game of profit and loss is played. A third of the world's wealth is held offshore. Eighty percent of international banking transactions take place there. Half the... |
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