The panama papers (http://www.nytimes.com/2016/04/05/world/panama-papers-explainer.html?_r=0) are not that surprising. When public companies merge with a company in another country to avoid US taxes can it really come as a shock that private individuals do the same?
They do show how interconnected things are and that people are people no matter where they are from. I know its not how it works but I cant help but picture an awkward scene when Putin and Cameron bump into each other in the lobby of the law firm.