Can shame deter the ultra wealthy from using offshore accounts?
Sep 19, 2024

Can shame deter the ultra wealthy from using offshore accounts?

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Today, we’re hearing about ways to discourage the ultra wealthy from hiding their cash offshore.

Segments From this episode

The interest rate-mortgage rate relationship

In August, the number of new homes just starting to be built surged — it was up almost 10% from the month before. Then yesterday, the Fed cut interest rates by a half point. So what’s this mean for the housing market? Le.t’s discuss with Diane Swonk, chief economist at the audit, tax and advisory firm KPMG

Who will pay for the Francis Scott Key Bridge?

The Justice Department is suing the owner and operator of the container ship that crashed into and destroyed Baltimore’s Francis Scott Key Bridge earlier this year. Two companies are involved; both are based in Singapore. And the federal government wants more than $100 million in compensation for its emergency response, plus punitive damages.

Inside the secretive world of offshore finance

We dive into a financial system that's designed to protect the ultra wealthy.
Sociology professor, Brooke Harrington, reveals how the offshore financial system can weaken economies and democracy in her new book, “Offshore: Stealth Wealth and the New Colonialism.”
Tomohiro Ohsumi/Getty Images

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Ariana Rosas Producer
Nic Perez Director/Producer
Dylan Miettinen Digital Producer
John Bruington Media Producer
Jesson Duller Media Producer
Brian Allison Technical Director
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC