News Analysis: The U.S. Government has been engaging in ‘Unraveling’ the Swiss Bank/Client Cover-Ups of Undeclared Incomes of American Citizens. One might think that the U.S. National Security Agency revelations about monitoring ALL Electronic Communications in the World would give the Tax Evaders reason to ‘Come Clean”; perhaps their arrogance gets the better of them.
The reporting of Swiss Bank Employees taking Clients’ Bank Account Information from their Employers and turning them over to Countries’ Tax Authorities would impact on the psyches of the Tax Evaders, also.
Now, approaches the time to “Pay The Piper” by Swiss Banks who will be punished by U.S. Tax Authorities for the Willful Deceit they benefited from, for decades, in many cases.
Wanting to be “Bankers” rather than “Banksters”, these Administrators of Money Entrepots will have to “Cease and Desist” their Collusion and Identify the naïve Tax Evaders.
The Ill-Gotten Gains of the Banksters will hopefully not equal the Punishment Costs and Loss of Good Reputations they will receive by these American Penal Actions.
“‘Anything For A Buck’ (AFAB) is just not worth it” Wise Men would say; but some Banksters may disagree (until after they are caught and punished).
Reality.