Claude Baumann: «Why the Paradise Papers Fell Flat» – finews.com

Over and over, journalists let themselves be instrumentalized for dubious exposes. The problem is that the wider public no longer falls for them, finews.com editor Claude Baumann writes for finews.first.


finews.first is a forum for renowned authors specialized on economic and financial topics. The texts are published in both German and English. The publishers of finews.com are responsible for the selection.


Just to clarify from the beginning: this column doesn’t condone illegal or criminal practices. I also don’t want to decry proper journalistic investigation, but the case of the recently-disclosed cache of Paradise Papers, something doesn’t add up.

When a whopping 13.4 million confidential documents end up in the hands of selected media to meticulously evaluate, one would assume that the world changes (for the better?) somehow – or at least that the leak advances our knowledge of reprehensible schemes of the wealthy and powerful, and prompted a legal investigation.

Not

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