Monster Found In Panama....

Just like the optical illusion that appears in the above photograph, the so-called 'Panama Papers' are nothing more but another feeble attempt to distort reality. Bringing with it a lot of attention to something that everyone in corporate finance knows already, and most people with a brain cell have already figured out year's ago!

There is no 'big secret'. There is no surprise in today's news about a Panamanian law firm leak of thousands of confidential papers about the off-shore dealings of the elite. The world's financial markets run on 'offshore'. The world runs on 'offshore'.

1. 
   
2. launder

   ˈlɔːndə/

   verb

   1. 1.

      wash and iron (clothes or linen).

      "he wasn't used to laundering his own bed linen"

      synonyms:

      wash, clean, wash and iron, wash and press, dry-clean "the used sheets are taken away to be laundered"

   2. 2.

      informal

      conceal the origins of (money obtained illegally), typically by transfers involving foreign banks or legitimate businesses.

      "$123,000 had been laundered through Geneva bank accounts"
      
      

The question is why Panama? ... Why now?