The Panama Papers leak, explained with an adorable comic about piggy banks

 
Related

12 foods that help your liver detox your body

About everything
272 points

5 key reasons why parenting is in crisis right now

About everything
586 points



Most recent

Staycation en Anguilla: la combinación perfecta de trabajo y vacaciones

Yesid Aguilar
10 points

Mary es mi amor

Carlos Eduardo Lagos Campos
22 points

Llega el metapneumovirus humano el cual colapsa los hospitales en China

NOTICIAS de ETF
10 points

Cuidado, puedes estar sufriendo qhishing, nueva estafa para vaciarte la cuenta de tu banco

NOTICIAS de ETF
14 points

¿Dónde contratar un crucero en Colombia con total seguridad?

MaríaGeek
14 points

La imposición de la instalación de micros medidores de la empresa veolia vs usuarios.

Luis Horgelys Brito Ariza
46 points

Cúrcuma o curcumina ... ¿nos engañan?

Charlas con la IA
10 points

El Banco Nacional de Costa Rica refuerza su seguridad electrónica con soluciones de Johnson Controls

Tecnologia
10 points

Informe Sophos 'Pacific Rim': ciberataques masivos desde China ponen en jaque la seguridad global

Prensa
20 points

La gestión de riesgos obstaculiza la innovación

Patricia Amaya Comunicaciones
12 points
SHARE
TWEET
It's easy to get confused by all the headlines about the Panama Papers, a massive 2.6-terabyte leak of documents that reveals a global web of corruption and tax avoidance. But Vox's German Lopez uncovered a great explanation of what's happening, and it's courtesy of brilliant redditor DanGliesack.



He uses piggy banks to help explain the main (and complicated-sounding) thing that was happening in Panama: foreigners setting up Panamanian shell companies to hold financial assets that obscure the identities of their real owners. We thought this analogy was quite fitting for a comic, so we created these illustrations to explain the key issue at the heart of the Panama Papers scandal.

Let's say you save your quarters in a piggy bank that is on your closet shelf.


But your mom keeps checking up on how much you're putting in and taking out.

You don't like that.


So you get an extra piggy bank...


...and take it to Johnny's house.


Johnny's mom is busy. She doesn't check piggy banks. So you can secretly keep yours there without anyone checking up on it.


The neighborhood kids also think this is a good idea.


So they also put their piggy banks in Johnny's closet.


But one day, Johnny's mom finds the piggy banks.


She's mad and calls everyone's parents to tell on the kids hiding their money.


That's basically today's document leak — and a lot of important and powerful people hid their piggy banks at Johnny's house in Panama.


Not everyone was doing something bad, though. For example, you just wanted privacy from your mom.

But your neighbor Michael was stealing money from his mom's purse and hiding it in Johnny's closet. And Jacob was stealing other people's lunch money and didn't want his parents to ask where it came from.

Soon we'll know who was doing this for bad reasons and who wasn't.


But everyone who hid their piggy bank at Johnny's house is still in trouble, because secret piggy banks are not allowed.


So journalists are now scouring the records to better understand what type of activity was going on at Johnny's house in Panama — whether it was legal, appropriate, or a bending of the law.

Fuente: www.vox.com
SHARE
TWEET
To comment you must log in with your account or sign up!
Featured content