How exposing anonymous companies could cut down on crime - Global Witness
View full lesson: http://ed.ted.com/lessons/how-exposing-anonymous-companies-could-cut-down-on-crime-global-witness Companies are artificial entities created to allow real people to do business....
========== For many of us, a typical day involves interactions
with hundreds of companies. Buying their goods, using their services, even wearing their names. Corporations and companies have become such a familiar part
of the modern landscape that it's easy to forget they're
artificial entities created to allow real people
to do business. But there are some types of companies that aren't engaged
in any business at all. Instead, these anonymous companies exist mainly to disguise
people doing things they'd rather not have
the public know about. And these people go to great lengths
to hide any links between their names and the companies they own. The life of an anonymous company usually begins in what's known
as a secrecy jurisdiction,...