I normally don't send video links, but this is short. It's from the German newspaper that broke the Panama Papers. They have been on this for over a year. 200 journalists involved – a massive organizational issue (and even more massive database). When we get leaks from Switzerland, Liechtenstein, and banks everywhere — even the NSA! — then, basically, you can run but you can't hide. Privacy and secrecy are old-world concepts; I know that. That makes us old guys really uncomfortable, but this is the brave new world.  One "rogue" IT guys spills everything. But this is huge. Putin? Really? Is Cyprus next? Luxembourg? Wow.

There is already a kind of meta-scandal here. The WikiLeaks people are mad at the Panama Papers consortium for not making the entire trove publicly available. ICIJ receives funding from US Agency for International Development, the Ford Foundation, and George Soros. People are alleging that this is why so few US names come up in the stories so far, but Panama is not the tax-haven jurisdiction of primary choice for Americans; it's way down on the list, hence fewer Americans.

ICIJ and the Germans say more is coming. So it's  all a war of words at this point.

Check out the "Making of" video on this page.

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