Tempus Fugit Posted October 31, 2009 Share Posted October 31, 2009 a few other comments in the media for the wider view around the world http://www.royalgazette.com/siftology.roya...mp;sectionId=65 http://www.international-adviser.com/lwm/article/858 http://baumanblog.sovereignsociety.com/200...ore-havens.html (I like the last one !) The funds are mainly bank deposits collected in offshore centres such as Jersey and the Isle of Man that are "upstreamed" to mainland headquarters, according to a report published yesterday. "The offshore financial centres are certainly assisting the City of London because they provide more funds for the banks to on-lend," said Michael Foot, the former Bank of England official who led the review of nine offshore centres http://www.royalgazette.com/siftology.roya...mp;sectionId=65 Link to comment Share on other sites More sharing options...
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