“There is something very simple that people are missing about the Panama Papers leak,” says James Henry, managing director at Sag Harbor Group, a consultancy that specializes in economic, legal and tax strategies in Sag Harbor, New York. “And that is that Mossack Fonseca was a gritty little law firm in Panama doing grunt work, with dingy little storefronts all over the world.
In Oklahoma, a stone or brick home might save you from a tornado. But it might kill you if there’s an earthquake—and the Dills, who live in the one-story stone-and-mortar farmhouse with their five dogs, have been overwhelmed with quakes.
In December 10, Volkswagen Chairman Hans-Dieter Pötsch made a public admission: A group of the company’s engineers decided to cheat on emissions tests in 2005 because they couldn’t find a technical solution within the company’s “time frame and budget” to build diesel engines that would meet U.S. emissions standards. When the engineers did find a solution, he said, they chose to keep on cheating, rather than employ it.
