This Week’s Editorial: Greed, sex and vanity ruling the world – The Copenhagen Post

The moral compass we trust to steer us to a better world has been showing increasing amounts of deviation.

Standard practice
Lately, international banks have engaged in dubious transactions through which they have drained the Danish state coffers of billions of kroner using a tax return swindle. Even Denmark’s biggest law firm admits it has advised clients on the technique. Partners have resigned or been fired.



It is a complete mystery how the high-profile executives believed they could annually withhold tax return. Stranger still is that they could establish formal ownership of shares in double-tax treaty regimes without real ownership.

Gospel according to greed
Greed may be the answer. If the trick works once then the greedy spread the gospel between them and billions disappear from different governments.

It seems that the scam

... read more at: http://cphpost.dk/opinion/this-weeks-editorial-greed-sex-and-vanity-ruling-the-world.html

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