The Spider’s Web- a documentary
“The Spider’s Web: Britain’s Second Empire” is a documentary produced for 4,000 pounds, which traces how the City of London manages tens of trillions of dollars. The City of London itself is a bizarre structure, separate from the London with which we are all familiar. This strange subset of the city has its own governmental structure, which is largely dominated by financial interests. This well-researched and engrossing documentary explains how -after Britain’s empire collapsed in the 1960s- financial corporations based in the City of London created a series of secrecy areas or tax havens in U.K. territories from the Cayman Islands to Jersey. The result was a neo-colonial system, in which vast sums of money flowed by illicit means to the City. …