The Billion-Dollar Corporate Web

If a 21st-century version of Monopoly or Risk were invented, players wouldn’t acquire and trade Park Place and Marvin Gardens, or even corporations like Microsoft and Deutsche Bank. The real money is in faceless corporations with bland and non-revealing names: organizations with purposes purposely unclear, registered in secretive countries such as Russia and Liechtenstein, with boards of directors and shareholders who may or may not have anything to do with the company — indeed, who may not even exist. They’re billion-dollar corporate webs constructed not of strings of silk but of something much stronger and stickier: strings of legalese.

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