Perfectly Reasonable Question: Why No Big Splash for ‘Panama Papers’?

[bemildred]

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“We didn’t have access to the documents, and that is a very big issue,” he said. But Mr. Purdy said he hoped, and had good reason to believe, that that would change soon.

“This is a great trove of documents — certainly interesting and valuable — and it takes a while to know what to make of them,” he said. Failing that on Sunday night, the story didn’t seem appropriate for the front page, he said. (In addition, I’ll note, The Times was publishing a major enterprise piece about corruption in Brazil. Very well done in its own right, it was given the most prominent space on Monday’s front page.)

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“This was not a case of a single-fact story that we could simply confirm and go with,” Mr. Purdy said. “This was a case where hundreds of reporters had been working on it for a long time.”

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“We have a serious obligation to make sense of this as best we can, evaluate it and put it in context,” he said. He said reporters and editors were working on a follow-up article on Monday and would be doing more soon, “integrating it with our own reporting” on offshore accounts and related topics. (Shortly after this post went up, a new Times article on repercussions in Iceland was published.)

http://publiceditor.blogs.nytimes.com/2016/04/04/why-no-big-splash-for-panama-papers/?_r=0

[Trust Buster]

1. Because the wealthy using off shore tax havens is nothing new. This just supplies actual names.