Massive Leak Exposes How the World's Wealthiest Hide Money

More than 100 news organizations are investigating a trove of leaked documents called the "Panama Papers." The "Panama Papers" are 11.5 million documents leaked from Mossack Fonseca, a law firm in Panama that specializes in setting up offshore companies. That dwarfs previous leaks by Edward Snowden or Wikileaks and it has widespread international ramifications. The clients include the leaders of several countries and their close friends. The McClatchy Newspapers is among the agencies reporting the story. Kevin Hall is chief economics correspondent.

Prime Minister Sigmundur Davíð Gunnlaugsson is among those said to be hiding cash

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