++The Panama Papers which is the largest leak to date--about 1.5 terabytes-- documents between $25-45 trillion in offshore tax havens. The big initial hit was about $3 billion Vladimir Putin keeps in an offshore account.
++But Iceland which had been rattled during the global meltdown and eventually investigated and jailed their bankers, found its Prime Minister and his wife had off shore accounts. At first, his wife claimed they paid their taxes, then the PM stonewalled the press, next he asked the parliament to resign for a snap election.
++Now Sigmundir David Gunniaugsson has resigned.
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