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David Cameron, Vladimir Putin among pols embroiled in Panama Papers tax shelter leak




Icelands Prime Minister Sigmundur David Gunnlaugsson (L) takes notes. Iceland's prime minister faced calls to resign after leaked
Icelands Prime Minister Sigmundur David Gunnlaugsson (L) takes notes. Iceland's prime minister faced calls to resign after leaked "Panama Papers" tax documents showed he and his wife used an offshore firm to allegedly hide million-dollar investments.
HALLDOR KOLBEINS/AFP/Getty Images

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A vast trove of documents detailing the offshore financial dealings of the rich and famous has been leaked.    

The German newspaper Sueddeutsche Zeitung received data from an anonymous source more than a year ago and shared it with over 100 news organizations.    

Their work was coordinated by the International Consortium of Investigative Journalism, a nonprofit organization based in Washington.

The ICIJ says the latest trove includes nearly 40 years of data from a Panama-based law firm, Mossack Fonseca.

With files from Associated Press

Guests:

Andy Greenberg, senior writer for Wired who’s been following the story. He is the author of the book, “This Machine Kills Secrets” (Plume, 2013)

Nicholas Shaxson, a journalist and author of the book, "Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens," He is based in Berlin, Germany