Personal Finance Blog By MoneyRates - Ubs

Could Swiss Banking Demise Help Our Deficit?

February 27, 2009

Swiss Banking has been rocked in recent weeks by the large settlement made by Swiss banking giant UBS with the United States government and the prospect that offshore banking may finally be challenged by ongoing concerted efforts by numerous government taxing authorities. The $780 million setttlement UBS made with the IRS includes identifying 250 of [...]