Premium Essay

Panama Papers

In:

Submitted By punktuna
Words 2347
Pages 10
The Panama Papers James Kerrigan
General Studies/Rader School of Business
Milwaukee School of Engineering

Author Note

James Kerrigan, General Studies/Rader School of Business, Milwaukee School of Engineering
Prepared for HU 432 007 Ethics for Managers & Engineers Professor Paul Hudec and submitted 5/4/2016
Correspondence regarding this article should be directed to: E-mail: kerriganjp@msoe.edu

Abstract
In this paper, the topic being analyzed is the Panama Papers. The Panama Papers are being described as the biggest collection of documents ever to be leaked. This paper will discover, present, and judge the facts of what had happened and then through the Ethical Methodology, it will come to a conclusion on whether or not what happened was ethically just or ethically wrong in doing so.

Table of Contents Abstract 2 Introduction 4 What is the Case? 4 Utilitarian View 5 Deontological View 6 Virtues View 6 Conclusion 7 References: 8

Introduction
It all began more than a year ago, when someone contacted a German investigative newspaper called the Süddeutsche Zeitung, offering a mountain of data from a Panamanian firm called Mossack Fonseca that is alleged to specialize in helping the wealthy, the powerful and the shady hide their money. Mossack Fonseca is world’s fourth biggest provider of offshore services which means it effects a lot of the world’s wealthiest people. (Figure 1.) The magnitude of the leak was 2.6 terabytes of data and 11.5 million records, some records even going back 40 years ago. The data was then shared with the International Consortium of Investigative Journalists (ICIJ) which organized an investigation for other news organizations around the world to help go through all of this leaked information. Panama Papers mentioned a lot of wealthy people of

Similar Documents

Premium Essay

Panama Research Paper

...Today, agriculture takes up 17% of the country's GDP. Panama mainly relies on the United States, China, and Mexico for a number of things. The top five things they import is oil, machinery, vehicles, electronic equipment, and iron or steel products. Panama's natural resources include copper, shrimp, and hydropower. As said before, the deforestation of tropical rainforests threatened natural resources. The two largest cities with the largest populations in Panama are Panama City and Tocumen. Population is concentrated towards the center of the country, mostly around the Canal. These are the places where you’ll find modern commercial and recreational facilities. A big portion of the population also lives in the far west around David. This area...

Words: 469 - Pages: 2

Premium Essay

Panama City Research Paper

...I choose Panama City Beach to write about. Did you know that Panama City Beach is located in Bay County Florida? Panama has a lot of things to offer. They offer parasailing, scuba diving, and deep sea fishing. This destination is best known for its 27 miles of white sand that covers the whole beach. Panama City is best known as the seafood capital of the south. It is also known as the wreck capital of the south because it attracts many scuba divers. This popular city has a year-round population of 12,000 people. The weather at the beach is very subtropical. Panama is home to the only deep sea diving museum in the U.S.. Many people go down to Panama City Beach just to relax and enjoy the view. Panama City Beach fishing is world famous to...

Words: 452 - Pages: 2

Premium Essay

Panama Canal Research Paper

...The Panama Canal is approximately eighty kilometers long between the Atlantic and Pacific Oceans. This waterway was cut through one of the narrowest parts of the isthmus that joins North and South America. The Canal uses a system of locks to raise and lower ships to the desired elevation. The locks function as water lifts: they raise ships from sea level(Atlantic or Pacific Ocean) to the level of Gatun Lake, which is twenty-six meters above sea level. Ships then sail the channel through the Continental Divide. Each set of locks bears the name of the town where it was built, Gatun ( on the Atlantic side), and Pedro Miguel and Miraflores ( on the Pacific side). The lock chambers, which are steps, are 33.5 meters wide by 304.8 meters long. The...

Words: 2540 - Pages: 11

Premium Essay

Panama Canal Research Paper

...The Panama Canal was a technological vision desired by the empires of late 19th century as it promised a high yield of economic remunerations. In the end, the Canal was opened in 1914 by the American Panama Canal Construction Company (McCullough, David). An ample amount of research has been conducted to examine the economic benefits of the Canal to nations besides Panama, such as lower US oil shipping costs, lower costs to the consumer, and faster travelling times for goods and people. The impact that the Canal had on the indigenous peoples of Panama and the local environment is a less researched area into which my argument deviates. I believe this is a greatly mis- and underrepresented area of research as a result of French and American propaganda over the ages. The effects on the indigenous peoples and the native environment mostly contributed to their detriment. On the other...

Words: 1005 - Pages: 5

Premium Essay

Panama Canal Research Paper

...The Panama Canal was a huge project built in the 19th century by many men workers. The way they accomplished this was by digging a very long hole, that would then allow ships to travel through it. Many tools were used to build this, such as train tracks to move train tracks to transport things, and lock canals to bring the ships up and over the area they needed to get through. Later during the construction of the canal, the digging was paused, because a man believed that the land should be prepared first, and later was continued by digging one area at a time. The canal was later finished in the year of 1914. During the construction of the Panama Canal, there were also many conflicts. There were many swamps that were in the way, and also...

Words: 292 - Pages: 2

Premium Essay

Panama Canal Research Paper

...Regarding the Panama Canal Treaty negotiations, they will find us standing up or dead, but never on our knees, NEVER!!” (Herrera). The Panama Canal began in 1903 to 1914. With the help from the French and the United States, Panama was able to succeed in the building of the canal. Theodore Roosevelt, the man who conducted the project, was able to unite the nations into helping him build the Panama Canal to connect the two main oceans. Panama was thought to be the easiest place to build a canal because of how lean it was compared to the countries surrounding it, but during the build, they ran into lots of difficulties and realized it wasn't as easy as they thought. (Canal) “We must dare to be great; and we must realize that greatness is sacrifice...

Words: 1071 - Pages: 5

Premium Essay

Panama Canal Research Paper

...Shipping everyone knows what a ship is, yet most people don’t know the importance of the shipping industry. The Panama Canal is a prime example of new ways in increasing shipping efficiency. The Panama Canal was built so that it would half the time it would take for a ship to get from the Pacific Ocean to the Atlantic Ocean. The Panama Canal had may difficult challenges and its first attempt at being created failed because of many reasons. Problems that the builders didn’t foresee and which crippled and killed hundreds of people, and that problem was mosquitoes. The idea of creating the Panama Canal dates all the way back to the 1500’s. In 1880, Count Ferdinand de Lesseps, builder of the Suez Canal attempted to accomplish this very intensive...

Words: 953 - Pages: 4

Free Essay

Panama

...Ingenieria Comercial | Economic development in Panama between 1995-2010 | Taller de Economía Empresarial | | José Venegas Rojas | | Professor: John Cobin Santiago, Chile 2013 I. - Introduction. The controlling purpose of this paper is to review the academic literature about the economic development of Panama between 1995-2010 in Panama City. Panama is among the twenty economies which have grown the most in the past ten years, according to the World Bank, which curiously matches giving ones the administration of the Panama Canal by the United States to Panama in 1999. Most of the buildings in Panama City were built around 2000 and in order to observe this change, the financial statements of the country when it still belonged to the United States, will be analyzed so that it can be possible to consider a factor in the economic development in this country. On December 31, 1999, at midday the Panama Republic took administrative control of the Panama Canal after a long process of negotiation which started in 1977 with the signing of the Treaty between the President Jimmy Carter from the United States and the Panama president Omar Torrijos. This Treaty stated that it was an important issue that Panama guaranteed the neutrality of the Canal. This step of command happened after almost eighty-five years of diplomatic negotiations between the US and Panama. Many Panamanians considered the administration of the Panama Canal as its Third Independence after Independence...

Words: 4057 - Pages: 17

Free Essay

Ipad Pricing Strategies

...Business 604: Panama Ricky McNeal Liberty University Dr. Stephen Preacher October 5, 2012 Abstract Panama, a small country located in Central America, is very diversified in both its people and its climate. Considered to be the isthmus connecting South America to North America, Panama has played a key role in global transportation since the creation of the Panama Canal. The canal goes through the midsection of the country connecting the Atlantic and Pacific oceans, allowing for much faster sea travel. Because of its location, Panama has been heavily influenced by several countries including Colombia which they were ruled by until 1903 and the United States which played such a large role in the realization of the canal. These foreign influences can easily be found in Panama's cuisine, music, and artwork as well as all the tribes that have settled within the country. The culture and political structures of Panama as we know it today has evolved from an incredibly diverse and interesting history. Punctuality is appreciated by business people, as is giving your host enough time to plan for your arrival. Thus, you should make appointments at least one week in advance. When you meet with your Panamanian colleagues, a handshake is a normal greeting. Do not rush into a meeting with talk of business right away. Your associates are more likely interested in getting...

Words: 2972 - Pages: 12

Free Essay

Fao Experience Track

...Social awareness, familiarity of speech, understanding of issues that matter in the region vs. issues important outside of the region are second nature to me. I was born and raised in Colombia, and finished high school in Panama. The political environment of Colombia and Panama shaped my cultural awareness and political understanding of these two countries’ overall climate as well as neighboring countries in the region. My understanding of Latin America is complemented by 23 years in the United States, including 21 years of service as a Marine. The Marine Corps has a culture all its own, which I understand well through 7 years of enlisted and 14 years of commissioned service. My first-hand exposure and experience in foreign countries have left a continuing personal interest in following social and political events in Panama, Colombia, and Latin America as a whole. I follow significant events pertinent to the region. Many have impacted the economy and security of the United States as well. The transition of operations and management of the Panama Canal to Panama in December 1999, and current efforts by President Santos against the FARC are among them. The transition of the Panama Canal and its surrounding territories marked a historical event for Panama and the U.S. Panama’s political position strengthened in relation to its Latin American neighbors by assuming responsibility of managing this critical and strategic asset. Operation of the canal represents significant...

Words: 486 - Pages: 2

Free Essay

Paper

...COLEGIO JAVIER REVALIDA DE FILOSOFÍA Nombre_________________________________________________ Dr. Aníbal Ríos. Instrucciones: No borrar, tachar, ni usar líquido corrector. Redactar su prueba con bolígrafo. Responda sus preguntas con objetividad. Desconocer estas indicaciones anula sus respuestas. Valor de la prueba 175 puntos Primera parte: Desarrollo: Vale 70 puntos. Del conjunto de preguntas responda 7, de las cuales son obligatorias la número: (1, 3,7,9 ) 1. ¿ Qué son los valores y cómo se clasifican? 2. Explique las visiones inadecuadas del hombre latinoamericano. 3. ¿Cuál es la utilidad de la filosofía? 4. ¿ Es la filosofía una ciencia? Justifique su respuesta. 5. ¿Qué aplicación puede tener la filosofía en tu proyecto de vida personal? 6. Construya su propia definición de filosofía 7. ¿Desarrolle la concepción del hombre para la filosofía griega, medieval, renacentista, moderna y contemporánea? 8. Explique el problema del ser para la filosofía. 9. Explique la teoría de los dos mundos de Platón. 10. Explique el problema de la sustancia para Aristóteles. 11. ¿Cuál es la estructura del concepto? Ponga un ejemplo. 12. ¿ Cuál es la estructura del juicio? . Ponga un ejemplo 13. ¿Cuál es la estructura del raciocinio? Ponga un ejemplo Segunda parte: Formulación de juicios: Vale 50 puntos Del conjunto de las situaciones del entorno, analice 5 de las cuales son obligatorias...

Words: 821 - Pages: 4

Free Essay

Company Expansion in South America

...Florida, offering costumers cheap airfare tickets, along with, hotel, car rental, and discounts on tourist attractions. Now with twenty-four seven telephone assistant to our customers, they can book their vacation at any time. We have been named one of the most competitive price companies within the travel agencies. After seeing our companies wrong, we believe that we are prepared to expand into South America this upcoming year. With that being said and much research, our company can only expand into one country. Travel Express has consider expanding into Colombia and Panama. We believe that these two countries have a lot to offer our clients, and also countries where not that many traveling agencies have expanded. The three major factors that we researched in order to come with this conclusion are their economy and government, climate and seasons, tourism. BENEFITS AND RISKS OF EXPANSION IN COLOMBIA OR PANAMA Economy and Government Colombia’s Economy and Government Colombia is currently a democratic country, with a central government and separate powers. Just like in the United States, Colombia has Executive, Legislative, and Judiciary branches (“About Colombia,” 2014). Their current currency is Colombian’s pesos; one American dollar equals a bit over two Colombian pesos. With the Colombia peso being so weak compare to the American dollar; tourist are able to get more for their money. For example, they can vacation longer in Colombia, visit more tourist areas, buy...

Words: 2402 - Pages: 10

Free Essay

Promise to Purchase

...comerciante, portador del pasaporte venezolano Número 072246377, en tránsito en este circuito notarial y VERONICA DEL VALLE ZAMORA DE CASTRO, mujer, venezolana, casada, mayor de edad, comerciante, portadora del pasaporte Número 047435292, en tránsito en este circuito notarial, actuando en su propio nombre y representación quienes en adelante se denominarán LOS PROMITENTES COMPRADORES, celebran el presente Contrato de Promesa de Compraventa, de acuerdo a las cláusulas siguientes: PRIMERA: Declara EL PROMITENTE VENDEDOR que es propietario de la FINCA No. P.H. 387,141 inscrita al Documento Redi 2,181,130, Asiento número 1, de la Sección de Propiedad Horizontal, Provincia de Panamá del Registro Público, cuya superficie, medidas, linderos, restricciones y demás detalles que aparecen descritos en el Registro Público de Panamá. Dicha finca consiste en la UNIDAD INMOBILIARIA PARA USO HOTELERO distinguida con el número 46 R, ubicada en el nivel 4,600 del Edificio denominado P.H. TURÍSTICO MEGAPOLIS, debidamente incorporado al Régimen Turístico de Propiedad Horizontal tal como lo autoriza la resolución número 44-2012 fechada el 26 de abril de 2012 emitida por el Ministerio de Vivienda y Ordenamiento...

Words: 2455 - Pages: 10

Premium Essay

Panama Canal Treay

...This paper will serve as many examples into the legislative process of the failure and passage of the Panama Canal Treaty. The Panama Canal Treaty is seen as one of the most controversial piece of legislature in United States history but one that will daunt President Jimmy Carter presidency. In 1964, when objectors was having a recurring episode. After four days of plunder and fighting, the Panamanian National Guard reestablished order. Eighty-five were wounded and four American died. Twenty-one Panamanians died in severe riots in their home country, they demanded U.S. withdrawal from the isthmus where the United States had had the mandate to exercise "all the rights, power, and authority" of a sovereign state since President Theodore Roosevelt orchestrated the 1903 Hay–Bunau-Varilla Treaty. In December 1964, President Lyndon B. Johnson pledge negotiations to repudiate the 1903 treaty, and by June 1967 a draft treaty was initialed. Strong opposition in both countries doomed its prospects. President Richard Nixon continue discussions in 1970, and several years later Secretary of State Kissinger signed an agreement of theory with the weak presidency of Gerald Ford jeopardized implementation and Panamanian foreign minister Juan Antonio Tack. President Carter, wanting to nurture goodwill in South America, continued negotiations and finalized two treaties based on the 1967 theory. The Canal Treaty prescribed twenty-two years for control to gradually pass to Panama. The...

Words: 591 - Pages: 3

Free Essay

Et Application

...Social awareness, familiarity of speech, understanding of issues that matter in the region vs. issues important outside of the region are second nature to me. I was born and raised in Colombia, and finished high school in Panama. The political environment of Colombia and Panama shaped my cultural awareness and political understanding of these two countries’ overall climate as well as neighboring countries in the region. My understanding of Latin America is complemented by 23 years in the United States, including 21 years of service as a Marine. The Marine Corps has a culture all its own, which I understand well through 7 years of enlisted and 14 years of commissioned service. My first-hand exposure and experience in foreign countries have left a continuing personal interest in following social and political events in Panama, Colombia, and Latin America as a whole. I follow significant events pertinent to the region. Many have impacted the economy and security of the United States as well. The transition of operations and management of the Panama Canal to Panama in December 1999, and current efforts by President Santos against the FARC are among them. The transition of the Panama Canal and its surrounding territories marked a historical event for Panama and the U.S. Panama’s political position strengthened in relation to its Latin American neighbors by assuming responsibility of managing this critical and strategic asset. Operation of the canal represents significant...

Words: 488 - Pages: 2