The latest massive leak documenting rich people’s offshore activities – like the recent Facebook exposé – reinforces perceptions with facts. The test of either leak, though, will be whether it leads to improvements, richardbeales1 argues.
. If there is any, though, the 3 terabytes of data scoured by the ICIJ should help find it.
That’s also what the Facebook data drop might achieve. The social network knows its platform can cause harm. It says it negative effects. But business goals and a rosy self-image get in the way. Detailed documentation can cut through the spin on all sides. The test – of either leak – will be whether it brings improvements. Geely’s Volvo IPO should go better this time
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