Swiss Banks Making Concessions On Secrecy

Aryabhata writes in with news that should chill the hearts of evil dictators and tax cheats everywhere: one of the last bastions of strong banking secrecy, Switzerland, is bowing to international pressure and agreeing to cooperate with some foreign investigations of wrongdoing. "...the Swiss government announced on Friday that it would cooperate in international tax investigations, breaking with its long-standing tradition of protecting wealthy foreigners accused of hiding billions of dollars. Austria and Luxembourg also said they would help. ... The famed 'numbered accounts' that do not bear the owner's name will still be available for clients willing to pay for added anonymity. ... Over the past month, leaders have made similar promises in Singapore, Liechtenstein, Bermuda, the British islands of Jersey and Guernsey, and tiny Andorra... other 'offshore' banking centers are still available in the Caribbean, Panama, Dubai and elsewhere."

Re:and who ISN'T going to pay up?

[SupremoMan]

Let me check for you. *looks outside* Nope the sky is still blue, so nothing has changed.

My Mattress

[nurb432]

Is looking more and more like a viable solution for future banking needs.

Re:A prettied-up version of organized crime

[Dramacrat]

You just quoted Judge Judy, rendering your entire legalese null and void.

Re:Stop the Presses...

[oodaloop]

No, I think we should collaborate and listen.

And now for our american userbase....

[ThatbookwritingWheel]

....can you find all those countries mentioned on the world map in less than a minute? "here there be dragons" does not count as an answer. Go!