The Spider's Web: Britain's Second Empire (The Secret World of Finance)


Michael Oswald's film The Spider's Web reveals how at the demise of empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions and Britain and its dependencies are the largest global players in The Secret World of Finance.

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Matthew Swinnerton's tracks from The Spider's Web and Behind Closed Doors are available here:

The Spider's Web was substantially inspired by Nicholas Shaxson's book Treasure Islands you can read an extract of it here:

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Subtitles: French, Spanish, German, Italian, Russian, Arabic, Korean, Hungarian, English, Turkish, Portugese, Chinese, Croatian, Japanese.

0:00 Introduction
2:22 The British Empire
4:33 The Eurodollar Market
6:54 The Last Remnants of Empire
9:37 The Corporation of London
13:28 The Bank of Credit and Commerce International
16:53 Trusts
23:27 Who is in charge of Britain's Overseas Territories?
28:35 Global Financial Centers and Empire
37:15 How America Embraced Offshore Finance
42:15 Growth of Offshore Finance and Corruption
48:05 Whistleblowers
54:54 Politicians and Financial Secrecy
1:01:35 Accountants
1:07:20 Protesters Confront Dave Hartnett
1:10:27 Private Finance Initiative
1:13:42 Conclusion


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