Tax Havens: The Hidden Hand in the Financial Crisis

American News Project | Jan. 7, 2009 (Special Report)

The financial crisis seems as if it emerged from nowhere and struck as hard and fast as lightning. How did so many financial institutions crumble with so little warning? There are many reasons, but one that has not been given much attention is how tax havens helped enable and how several of the big companies that have received billions of bailout dollars were also the most active in the shady world of offshore finance. Full Story »

Posted by Kaizar Campwala

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Subjects: U.S., Business, Living
Topics: U.S. Economy, Finance, Taxes, Money
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Posted by: Posted by Kaizar Campwala - Jan 7, 2009 - 10:39 AM PST
Reviewed by: Kaizar Campwala (review), Richard Blumberg (review), Suzanne M Roser (review), JDoey (review), Jack Dinkmeyer (review), Iama Maniac (review)
Edit Lock: This story can be edited
Edited by: Kaizar Campwala - Jan 7, 2009 - 10:39 AM PST

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Jack Dinkmeyer
5.0
 by Jack Dinkmeyer - Jan. 7, 2009

Good use of video as investigative journalism. Short, to the point, and chock full of disturbing information. Citigroup is definitely the poster child of this documentary, and perhaps, of the whole credit debacle.

The two experts who were interviewed didn't mince words. The ending quote that government cannot solve the banking/credit crisis until it solves the off-shore tax haven mess is like saying our freeloading brother-in-law has come for an extended visit.

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Richard Blumberg
4.8
 by Richard Blumberg - Jan. 7, 2009

The people interviewed are knowledgeable and articulate, and the interviews are well conducted. The producer makes good use of the video medium to provide text-over data and links to websites with additional information. Excellent use of YouTube for journalistic purposes.

See Full Review » (7 answers)
Kaizar Campwala
3.7
 by Kaizar Campwala - Jan. 7, 2009
Kaizar posted this story.
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