Tourism
Financial offshore tourism in Panama
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Why the smart money stays away from Panama's crime-ridden financial sector.
Bananama Republic (http://www.bananamarepublic.com/tag/hsbc/)
Why the smart money stays away from Panama's crime-ridden financial sector.
The University's matriculation system keeps crashing, HSBC was hacked, power and water down throughout the country - Panama suffers from bad systems and networks.
Now that it has become so much easier for entrepreneurial people to immigrate and set up shop in Panama, we thought we'd better provide you with some essential survival tips to keep you safe, dear newcomer, in terms of living, working and doing business.
If anything, the case demonstrated beyond doubt that Panama is not a safe place to bank and that various asset protection schemes using foundations and corporations aren't worth the paper their founding documents are printed on.
The conviction of Eduardo A. Masferrer, his wife Maura and Samuel Lewis Galindo offers a fascinating insight in how Panamanian banking is ruled by mobsters, their ties to the Cuban mafia in Miami and government corruption. Open your account now!
After first successfully seizing the money of a Canadian retiree on behalf of HSBC, lawyer Hector Infante has now accomplished the legal theft of $50 million of Panama's poor children.
Danilo Arbilla, co-author of numerous crimes against the media and journalists during the Uruguayan dictatorship, is somehow a member of the jury of Panamanian journalism awards.
Stanford Bank is being sold, but Bananama Republic just learned that Stanford Bank Panama represents one of the 28167 claims lodged against the failed Icelandic bank Kaupthing Bank hf.
HSBC Panama secretly pushed for police forces using violence to squash protests against the Canal expansion project.