Panama Papers Revelations Have Only Just Begun, Investigative Editor Says

[Judi Lynn]

Source: Time Magazine

Panama Papers Revelations Have Only Just Begun, Investigative Editor Says
Melissa Chan @melissalchan
5:49 PM ET

“This is the start, not the end"

More explosive revelations will be uncovered in the Panama Papers, including the offshore dealings of hundreds of Americans, according to a lead editor of the nonprofit news organization that helped break one of history’s largest data leaks.

The release of 11.5 million confidential documents from the obscure Panama-based law firm Mossack Fonseca has caused a global firestorm, leading to the resignation of Iceland’s Prime Minister and the head of global corruption watchdog Transparency International’s Chile branch on Tuesday.

But the fallout from the yearlong investigation is far from over, according to Michael Hudson, the senior editor at the International Consortium of Investigative Journalists (ICIJ), which published the documents. “We see more coming out,” Hudson, 54, told TIME on Tuesday. “We’ve done a lot of searches and a lot of work, and we’ve obviously found what we believe is important information, but we’re going to continue working on reporting. This is the start, not the end.”

At least 200 Americans who are linked to offshore companies have been discovered in the records — some of whom have been convicted of serious financial crimes, Hudson said. The New York-based editor, who has worked for the ICIJ for more than four years and joined the project six months after it began, said that information will trickle out as hundreds of journalists across the globe continue to pore over the papers. “We’re still looking,” Hudson said. “We’re still digging.”

Read more: http://time.com/4282811/panama-papers-icij/

[corkhead]

1. rec for the main stream exposure

[Bjornsdotter]

2. Please....

Let Bush and Cheney be listed in the next release!!

[nichomachus]

3. What a joke

The ICIJ, despite its name, is a corporatist organization, and it has been put in charge of releasing information.

Expect to hear all about Putin, Chavez, Saddam Hussein, the Castros, and anyone else the corporatocracy has it in for. Those who provide funds for the ICIJ are:

Ford Foundation
Carnegie Endowment
Rockefeller Family Fund
W.K. Kellogg Foundation
Open Society Foundation (Soros)

Do not expect to see anything about anyone in the top echelons of the corporatocracy. Of course, you heard about the prime minister of Iceland -- the leader of the government that put the banksters in jail. What a surprise!! But don't expect to hear anything about Jamie Dimon, Lloyd Blankfein, the Clintons, the Bushes, etc.

[roamer65]

4. USAID = see aye a

Enuff said.

[nikto]

5. Sadly, I think you are right on the mark

[Nihil]

8. Yeah ... this was pretty obvious, even for them ...

I think the phrase is "Conspicuous by their absence" ...

[Hortensis]

9. None of the foundations people like

the Kochs and those like them set up to front for their subversive activities fund this sunlight on shady doings. Interesting.

You know, guys, a lot of very wealthy people, including many of our "old" families, are too establishment to be interested in heavy-duty illegal activities. They pay their various financial/accounting firms large fortunes to keep them making money while remaining defensibly legal.

[FighttheFuture]

10. Very good points...

[silvershadow]

6. Good. Good. Let the gnashing of teeth begin. I do so hope it spreads to all havens. nt

[Sunlei]

7. I want the American names now.