Reports from The New York Times, Axios and Bloomberg indicate that none of the likely buyers — the private equity firms, multinational banks, sovereign wealth funds or SoftBank — had approached or been approached by Tesla about the take-private transaction.
We were hearing that from our clients—some of our large, multinational corporate and wealth fund clients, for example—who had significant cross-border transactions that we simply weren't well positioned to handle.
We manage over $6 billion in assets for a variety of clients including public pension funds, international wealth managers, multinational corporations, family offices and funds of hedge funds.
Millions of leaked files center on an offshore law firm that has helped obscure the wealth of multinational companies and the superrich.
"I reject the notion that only large, multinational banks and sovereign wealth funds are allowed a defense, either in court or in the public arena," Mr. Haggerty said in an emailed statement.
Yes, it's been Myefo time, and contrary to the mantra of those who desperately want to protect the tax concessional privileges and loopholes enjoyed by some multinational corporations and high wealth individuals, we do have a revenue problem and it will not be fixed by taking a stick to the backs of those who already bear the brunt of inequality.
Conveniently, the U.S. military presence has been focused in resource-rich regions of the Philippines, facilitating land-grabbing and extraction of the country's natural wealth by multinational corporations.
This will require a concerted multicenter or even multinational effort harnessing a wealth of experience from a variety of scientific and clinical disciplines.
The G8 cannot control tax policy in developing countries, but it can clamp down on the multinationals and individuals whose wealth is often earned in developing countries but domiciled and managed in London, New York and Paris, perversely causing more cash to flow from poor countries to rich countries than vice versa.
This is especially the case for large multinational corporations whose global reach, wealth and power give them significant political clout.
