picture to enlarge.
UBS to reveal names.
Frusty's Law, Moral of the Story: Criminals of every nature and stature always find safe havens for themselves. Some countries provide shelter overtly and some do it covertly. Swiss Banks with their secrecy policies have always managed to thwart investigations. I think they seriously need to rethink their policies. Even now when FBI has been trying to investigate financial frauds UBS have show resistance to cooperate. Recently a group of Rich Americans Sued UBS to keep Names Secret in Tax Case which is being investigated; http://www.freerepublic.com/focus/f-news/2193517/posts.
The story in words for those who cannot see the picture:
Dreaded terrorists like Osama bin Laden have found safe haven in Afghanistan and Pakistan. Similarly most the wealthy and rich people who have had a hand in accentuating the global financial crisis have stashed away their booty in the Swiss Banks like UBS.
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