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Offshore: The Dark Side of the Global Economy- Author on Fresh Air Now!

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Up2Late Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-05 02:06 PM
Original message
Offshore: The Dark Side of the Global Economy- Author on Fresh Air Now!
Edited on Tue Jul-26-05 02:12 PM by Up2Late
Fresh Air (NPR/WHYY) is on now (3:00pm EDT) in most of the East, But this interview is also available for on-line Streaming. See below for additional times.

William Brittain-Catlin Investigates 'Offshore'


Listen to this story (at the link above)

Fresh Air from WHYY, July 26, 2005 · In his new book Offshore: The Dark Side of the Global Economy, reporter Brittain-Catlin delves into the shadowy world of offshore banking.

He estimates that one-third of the world's wealth -- or $7 trillion -- and 80% of international banking transactions take place in the shadowy offices of banks in the Cayman Islands or the Islamic financial center of Labuan, Malaysia.

Giant corporations such as Wal-Mart, BP and Citigroup hide their profits in these institutions, away from the eyes of investors and regulators.

<http://www.npr.org/templates/story/story.php?storyId=4771334>

Additional times and on-line streams at the link below
<http://www.publicradiofan.com/cgi-bin/program.pl?programid=17>
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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-05 02:08 PM
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1. And the sheeple don't care
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Up2Late Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-05 02:21 PM
Response to Reply #1
3. That IS our challenge, to get them to care
At least that's what I try to do every chance I get.:evilgrin:
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Zan_of_Texas Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-05 02:14 PM
Response to Original message
2. THANKS! Listening now!
.
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