It’s hard to know where to start in tallying up the explosive revelations in the Panama Papers, an analysis of leaked documents from global law firm Mossack Fonseca revealed by the International Consortium of Investigative Journalists (ICIJ). Yes, we’ve known for a while now that the shadow financial system was growing. But it’s another thing…

via Panama Papers Could Lead to Capitalism’s Great Crisis — TIME

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A quiet spring weekend was suddenly shattered on Sunday when news of the “Panama Papers” investigation broke. The massive international project involved approximately 400 journalists across 75 countries, plowing through roughly 11.5 million documents from a secretive Panamanian law firm specializing in creating offshore holding companies. The investigation took more than a year, commencing after…

via Behind the Panama Papers: How the Massive Document Leak Came to Be — TIME