Michael Wolff Quotes

With obvious irony, many of the left-leaning privacy advocates who might cheer Apple's stand against the government's intrusion into its system, are now, as transparency advocates, on the side of the leakers of the Panama Papers.

We know too little about global wealth dynamics, so we need international transmission of bank information.

Corruption, money laundering, and tax evasion are global problems, not just challenges for developing countries.

There will be huge scandals because there is too much money washing around …. And we don’t know who’s behind it.

Reliable numbers about the amount of dirty money around the world are difficult to come by. But according to an estimate by the nonprofit Global Financial Integrity group, $1 trillion vanishes from the developing world's economies every year.

The director of the FBI has been visiting Silicon Valley companies asking them to build back doors so that it can spy on what is being said online. The Department of Commerce is going after piracy. At home, the American government wants anything but Internet freedom.

Those who willfully conceal assets overseas undermine the playing field for all taxpayers.

We should not allow wealthy people, including corporate criminals, to hide their assets and avoid paying their bills.

It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.

What is to stop the government from demanding that Apple write code to turn on the microphone [of a user's iPhone] in aid of government surveillance, activate the video camera, surreptitiously record conversations, or turn on location services to track the phone’s user? Nothing.

This is not a case about one isolated iPhone. Rather, this case is about the Department of Justice and the FBI seeking through the courts a dangerous power that Congress and the American people have withheld: the ability to force companies like Apple to undermine the basic security and privacy interests of hundreds of millions of individuals around the globe. The government demands that Apple create a back door to defeat the encryption on the iPhone, making its user’s most confidential and personal information vulnerable to hackers, identify thieves, hostile foreign agents, and unwarranted government surveillance.

[The FBI v. Apple Case] threatens a radical transformation of the relationship between the government and the governed.

Encryption and anonymity, separately or together, create a zone of privacy to protect opinion and belief. For instance, they enable private communications and can shield an opinion from outside scrutiny, particularly important in hostile political, social, religious and legal environments.

We know India is very focussed on black money; it is a very high-focus subject and we have been very careful to make sure the investments into India are legitimate. There is no 'round-tripping' or hot money or bad money being funnelled through Singapore.

I'm careful to pay every single penny on my taxes. I don't have any money offshore.

Since Snowden went public, companies such as Apple and Google - two of the world's most valuable companies - have incorporated much greater encryption into their products and have also been at pains to show that they will not go along with U.S. government demands to access their encrypted products.

Think Apple, think the FBI. We are living 'Atlas Shrugged.' Why is it so important? Because I would hate for the country to have that rhetorical question: Where is John Galt, who is John Galt? John Galt is all of us.

David Cameron has already said, and I have said, that a Conservative government would be giving the security agencies and law enforcement agencies the powers that they need to ensure that they are keeping up to date as people communicate with data.

There is nothing inevitable about this secret offshore world. It is not a fact of nature: Our laws created tax havens, and our laws can also end them. We could forbid Goldman Sachs from owning opaque offshore vehicles. We could prevent companies such as Cadre from accepting anonymous investments.

There's something fundamentally grubby about the rich paying people to seek out cracks in the system to hide their money.

We shouldn't be encouraging people to set up Cayman Island funds.

I'm tired of seeing the press equate Monaco with money laundering.

The Apple imperative is to build a system that is 100 per cent resistant to any government warrant. The data on your iPhone, no matter how swarmy, corrupt, or dangerous you are, is supposedly safe. That's also the proposition of Panamanian banking laws.

Corruption and illicit financial flows are different. But they really must be twinned. This is because, for practical purposes, it is an eminently more sensible approach to treat most of the sources of illicit financial flows as corrupt activity, within a broader use of the term.

The political solutions proposed against encryption are not going to work against terrorism.