You are a U.S. senator serving on a subcommittee with the task of developing new regulations for U.S. firms doing business through offshore financial centers (OFCs). Bank deposits in offshore financial centers grew from the tens of billions of dollars a few decades ago to more than $1 trillion today. "Dirty money" obtained through drug trafficking, gambling, and other illicit activities use offshore financial centers to escape the same thing as respectable "clean capital"-national taxation and government regulations. Some experts argue that institutions such as international currency markets and offshore tax havens reduce stability and are hostile to the public interest. They say people use such institutions to get beyond the reach of the law and undermine what they consider to be inefficient and bureaucratic attempts to impose a certain morality on people. As senator, what type of regulations do you support? What rationale do you give business leaders in your constituency who do business with OFCs? Do you think corporate use of OFCs to avoid home-country bureaucracies and taxes is ethical? Why or why not?