Showing posts with label Swiss bank accounts. Show all posts
Showing posts with label Swiss bank accounts. Show all posts

Friday, July 17, 2009

U.S. vs. UBS: A Fight Over Secret Swiss Bank Accounts

DIPLOMATIC SHOWDOWN RE-ESCALATES

Swiss government calls out US in defense of its primary industry and reputation:

U.S. vs. UBS: A Fight Over Secret Swiss Bank Accounts

The US appears to be willing take on UBS's big brother, the Swiss government itself, as well as international public opinion in order to determine if taxes are owed. Is this the kind of diplomacy we've been hoping for from the new US administration?