Financial and political reporters are tearing through these like a demented terrier after a juicy rat.
Tyler Durden has a bunch of posts at Zero Hedge - just go to the main page, you will see four if not more. This is the biggest leak of this kind too - over 2.6 TB of data. More than WikiLeaks, more than Snowden.
And it is not the first time this law firm has caught the media's attention - from Vice (December 3rd, 2014):
The Law Firm That Works with Oligarchs, Money Launderers, and Dictators
One purpose of a so-called shell company is that the money put in it can't be traced to its owner. Say, for example, you're a dictator who wants to finance terrorism, take a bribe, or pilfer your nation's treasury. A shell company is a bogus entity that allows you to hold and move cash under a corporate name without international law enforcement or tax authorities knowing it's yours. Once the money is disguised as the assets of this enterprise—which would typically be set up by a trusted lawyer or crony in an offshore secrecy haven to further obscure ownership—you can spend it or use it for new nefarious purposes. This is the very definition of money laundering—taking dirty money and making it clean—and shell companies make it possible. They're "getaway vehicles," says former US Customs investigator Keith Prager, "for bank robbers."
Living in interesting times indeed...
