The Panama Papers are turning into a genuine opportunity for the Obama Administration.
After issuing a treasure regulation that derailed a $160 billion inversion merger between Pfizer Pharmaceuticals and Allergen,a Canadian company, the U.
S. government is set to issue a rule that will require American banks and other financial institutions — for the first time — to know the people opening shell companies.
What's at stake here, or how will this affect the kind of resources banks supply their customers?For answers,we turn to Louise Story, a reporter for our partner The current York Times.
Source: wnyc.org