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The famous quote from 1997’s Titanic – “I’m on top of the world”- has come to mind recently after hearing of the “Panama Papers” leak involving Panamanian law firm Mossack Fonseca, which released information pertaining to shell companies owned by many of the world’s elite. The Titanic sank after ramming an iceberg in the Atlantic Ocean. Fast forward 104 years, and we are experiencing our own version of a well-oiled machine suddenly meeting its demise due to an unforeseen “obstacle.”

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