Capital Without Borders

How do the one percent hold on their wealth? And how do they keep getting richer despite financial crises? Capital without Borders takes a novel approach to these questions by looking at professionals who specialize in protecting the fortunes of the world's richest people: wealth managers. this book reveals how wealth managers use offshore banks, shell corporations, and trusts to shield billions in private wealth not only from taxation but from all manner of legal obligations. Harrington's research offers the first glimpse into the tactics and mentality of a secretive profession that controls astonishingly large flows of capital around the world. Capital Without Borders gives voice for the fist time to an elite that has worked quietly and unobtrusively to enrich the one percent.