How to Hide $400 Million

“A few weeks after she realized her husband was finally leaving her, Sarah Pursglove flew down to the Bahamas to figure out how much money he really had.”

So begins an excellent article by Nicholas Confessore in the Nov. 30, 2016, edition of The New York Times Magazine. It dives deep into one example of how things work inside “a worldwide financial system catering exclusively to the very wealthy.”

“In recent decades,” Confessore writes, “this system has become astonishingly effective at ‘offs...