Wednesday, August 12, 2009

UBS Turns Into a Rat Fink

Lawyers in the UBS tax-settlement case believe UBS will turn over some 8,000 to 10,000 account identities, WSJ is reporting.

Harry Browne, 30 years ago, in his book The Complete Guide to Swiss Bank Accounts warned that Swiss banks with significant assets in the United States were vulnerable to the type of U.S. pressure that went on here.

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