Joe Medicine Crow, historian, 1913-2016 Financial Times
Squirrels show softer side by adopting orphans, study finds Science Daily (aet)
Angry Mob Kills Dog Thief in Northern Vietnam Saigoneer (resilc)
The lies we tell are more convincing when we need to pee Guardian (Robert M)
Global warming is changing the way the Earth spins on its axis Business Insider
Offshore tax haven specialist David Marchant unpacks the headline grabbing #PanamaPapers BizNews (Richard Smith)
In 1950s Panama diner, glum offshore lawyers count cost of leak Reuters (Richard Smith)
Have an offshore? Maybe you’re feeling indigestion McClatchy. Richard Smith:
Not much so far. Many of the small number of people named don’t have Panamanian companies but rather BVI ones etc. However
a) “There are about 3,500 shareholders of offshore companies who list U.S. addresses” These are the ones most likely to turn out actually to be Americans…not guaranteed though.
b) “almost 3,100 companies are tied to offshore professionals based in Miami, New York and other parts of the United States”
It’s perhaps a smidge less likely that this lot are fronting Americans. Anyone who wants to put USD in the States could be a candidate; in the past that has included people like Tymoshenko of Ukraine, and lately, as we know, lotsa Brazilians (Miami Herald coverage). Organised crime is another possibility.
It’s going to take a while to sort that lot out.
Beyond Panama: USA has become the banking secrecy jurisdiction du jour Common Dreams (Sid S)
My brief career as an Indian Ocean tax pirate Financial Times
The Roots and Contours of Worker Rebellion in a Changing China The Bullet (Sid S)
Why the eurozone is still headed for total disaster The Week (Sid S)
European Union: Brussels finance chief admits ECB policies are making people poorer Daily Express. EM: “Committing the faux pas of candor.”
The Financial Crisis, Austerity And The Drift From The Centre Social Europe (Sid S)
Nuit debout protesters occupy French cities in revolutionary call for change Guardian (gonzomarx). Lambert: “Important! Note the creative tactic of nighttime occupation (good because more working people can participate).”
SYRIZA, The IMF And The EU: Gambling With The Future Of Greece Social Europe. A very good overview both on the current sorry state of the economy and the positions of the key players.
Greece Hopes for Draft Agreement With Creditors But IMF, EU Rift Remains Wall Street Journal
Covering Up Hillary’s Libyan Fiasco Consortiumnews (Sherry)
The Case of Soldier A Counterpunch (Chuck L)
Exclusive: 21 Generals Lead ISIS War the U.S. Denies Fighting Daily Beast (resilc)
US arms shipment to Syrian rebels detailed Jane’s 360 (Chuck L)
Big Brother is Watching You Watch
CIA’s Venture Capital Arm Is Funding Skin Care Products That Collect DNA Intercept (resilc)
Imperial Collapse Watch
Has Bill Clinton Lost His Political Mojo? Vanity Fair (resilc)
Bill Clinton Needs to Stop Defending Crime Bill New York Magazine (resilc)
Sanders Backers Press Clinton Superdelegates Wall Street Journal
Bernie Sanders Is Speaking at the Vatican Next Week Vice (resilc). I would hate to be the person who broke the news to Hillary…
Sanders gaining on Clinton in California poll Sacramento Bee
Is the media biased against Bernie Sanders? Vox (resilc). Vox needs to ask?
Tennessee Lawmaker Exiled Because He May Pose A Risk To ‘Unsuspecting Women’ Huffington Post (jessm)
Why the Banks Should Be Broken Up Matt Taibbi (Sherry). Wow, even Taibbi thinks Krugman is so off base that it needs to be addressed.
US banks under fire over AGM abstentions Financial Times
Yellen Fires Back on Kashkari’s TBTF Assessment American Banker (free registration)
Insurers warned of downgrade risk from US retirement shake-up Financial Times
Millennial Employees Confound Big Banks Wall Street Journal
Three Chinese restaurants fired their robot workers Business Insider (David L)
China’s robot army set to surge Financial Times. Will this be the new form of over-investment, the 21st century version of dot-bomb companies?
Inequality and Aggregate Demand Mark Thoma
Antidote du jour: