Swiss finished?
America arm-twists the bulk of Switzerland’s banks into a painful deal
WOODY ALLEN once remarked that believing in God would be easier if He would show Himself by making a large deposit in a Swiss bank account in the director’s name. Parking riches in the Alps has become a less heavenly experience in recent years, thanks to America’s assault on its tax-dodging citizens and the moneymen who serve them.
This article appeared in the Finance & economics section of the print edition under the headline “Swiss finished?”
From the September 7th 2013 edition
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