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New York Times: Obama Urged to Back Plan to List Owners of Shell Firms
June 10th, 2013
The Obama Administration was an early backer of beneficial ownership legislation, which would collect information on the true owners of companies, and make that information available to law enforcement. However, since then, UK Prime Minister David Cameron has begun advocating for more thorough disclosure at the G8 level, including both law enforcement and the public at large.
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The Global Shell Game
June 6th, 2013
A shell game is a well-known parlor game in which players try to follow the movement of a ball placed under one of three quickly shuffled shells or cups and then try to correctly guess the shell that covers the ball once they are brought to rest. When the operator of the game is especially skilled, correctly tracking the ball can prove quite difficult. If a skilled and dishonest operator uses sleight of hand to covertly move the ball to one of the shells not identified by a player, the game becomes impossible to win, a veritable “confidence trick used...
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