Even though hundreds of our citizens are implicated, and a lot has been said recently about tax fraud.
It’s hard to gauge whether this oversight was because there had been multiple stories of colossal financial impropriety breaking across the region…. An Australian news crew had recently been detained in Malaysia for covering the multi-billion dollar scandal engulfing that county’s government.
The global oil market fixing scandal that had consumed a team of investigative reporters for years had also spilled on Fairfax with Huffington, even as Fairfax was being threatened.
Thematically similar dirty laundry.
So maybe this Mossack Fonseca thing just crept up on news editors, and they didn't scope its depth?
No. I don’t buy that. Not really.
It's the biggest info leak in history. Heads of state are implicated. But some news sites are being circumspect. Why?
The New York Times saw fit to report it, sort of, but not as the leading item, oh no… that honour went to goings on in Brazil.How does the leadership of say… Russia and China … compete for coverage with Brazil? No disrespect to Brazil, that is....
Vladimir Putin is in this. Did we all suddenly lose interest in him?
But to be fair (momentarily) at least it was mentioned… Not so in that country where they shoot you for corruption (unless you’re the people in charge):
“It has been dubbed the biggest data leak in history; but within the confines of China's increasingly walled-off internet, the Panama Papers have barely registered a ripple.
The unprecedented leak of millions of documents from the database of offshore law firm Mossack Fonseca revealed the secret offshore money networks of some of the world's most powerful and wealthiest elite, including Russian President Vladimir Putin. The trouble for Chinese internet censors: the 2.6 terabyte trove of documents also named the family members of at least eight current or former members of the Communist Party's elite Politburo Standing Committee including Deng Jiagui, the brother-in-law of President Xi Jinping.
Despite dominating the international news agenda (really? are you sure?), the explosive findings garnered scarce coverage on the mainland and was left untouched by the party's main state-run news outlets on Monday.”
A short incomplete list of people we've heard of who are named:
Petro Poroshenko, the president of Ukraine,
Salman bin Abdulaziz bin Abdulrahman Al Saud, the King of Saudi Arabia,
Ian Cameron, father of David Cameron, British Prime Minister and noted austerity fan,
Juan Pedro Damiani – FIFA ethics committee member (“FIFA ethics”… you have to chuckle),
Oh and the prime minister of Iceland. Some name like a Viking king on the face of schoolboy who ate too much porridge. Strangely he gets mentioned more than anyone else. Is that because Iceland has no oil AND no nukes and he has crappy lawyers?
But the headline at the NYT of the moment:
“Cruz Is Fuming Because Kasich Won’t Bow Out of G.O.P. Race”.
Ted Cruz is fuming? That's more report-worthy?
Well thanks for that earth-shattering update, NYT .
”Your Evening Briefing - Here’s what you need to know at the end of the day.” 11 items!Nope. No mention of Mossack Fonseca there… not important enough.
It’s in the World news section. Under ‘Europe’.Yeah ‘Europe’… Where news in America goes to die, unless it’s about terrorism.
Did you even know China was in Europe? Neither did I. For that matter I didn’t know that Panama was in Europe either. Iceland is, I guess.
And just for contrast: The Guardian newspaper:
The Mossack Fonseca/Panama Papers story is the front page and headline number one, two, three, four, five and six.
I guess they’ve worked out their owners aren’t implicated. Maybe. I have no idea.
Maybe they just thought a story of that takes in that many names in that many governments in that many countries about that much money might be newsworthy in a world where some of these self-same people having been telling everyone else to tighten their belts - since a bunch of venal cowboys crashed the world economy and blighted a generation without even one of them ever seeing the inside of a prison cell where none of the above-named will ever go either.