Disagree - this is of global interest and will run for some time and US regulators will be taking a look.

Dave invested in a fund registered offshore and paid CGT when selling his shares. Non news.

But didn't Dave himself call for transparency?
He should do the decent thing and resign. But he won't.

Time to move forward together.

What's not transparent? They were declared in their tax returns.

Optimistic as ever

Agreed...again that's another issue...people baying for blood in the vain hope that their target has fouled up; even when there's actually nothing awry with what's gone on.

It simply increases the pack mentality as well as the ferver that accompanies it, all following like sheep without an original thought between them, and then they melt away into the shadows (without an apology or acknowledgement that actually everything was above board) when it seems that due taxes have been paid on it according to the law...so nuff said.

Now; as for those scallywags that used the firm to create 'shells' to money launder and avoid tax...that's another issue. These are the individuals that people should be pressurising.

What we all need is a global tax system that shines lights in ALL the corners removing the ability for tax havens and 'vehicles' that take advantage of loopholes to exist.

This is seemingly the thin end of the wedge...but there's plenty mileage left in it...just not where certain people riding on its coat tails would wish it to be though.

The Voice of Reason In An Otherwise Mediocre World

Were they Stu? He was just below the threshold for CGT so I would not expect him to have to declare anything.