Panama Papers Hack Harms The Ordinary People Too

Why The Holding Companies Demonized In “Panama Papers” Coverage Are For Ordinary People Too

I’ve watched with some chagrin over the last several days as my adopted homeland has become the focus of international attention for all the wrong reasons. It has not been a pretty sight.

In case you have been under a rock recently, someone hacked into the servers of one of Panama’s most prominent law firms, Mossack Fonseca & Co, and stole more than 3 terabytes of data in the form of emails, memos, and other documents. That someone then handed over those 11 million-plus documents to an international consortium of investigative reporters, who have, understandably, had a field day with

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