The Panama Papers - Where Are the U.S. Citizens?

One of the founders of the Panamanian law firm, Mossack Fonseca & Co., had another explanation for the dearth of U.S. names in the data leak. He and his business partner have never courted U.S. clients.

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"U.S. politicians are smart enough not to get involved in this kind of thing because they know the exposure would be the end of their careers," said Jack Blum, a veteran U.S. Senate investigator who has spent his career examining the offshore world. "If Americans are going to take their money offshore, they're probably not going to use this firm and instead go to companies and countries that are far safer."