Friday, August 06, 2010

Telling Swiss secrets: A banker's betrayal

An excellent and atomspheric update on the UBS case in the United States.

“Birkenfeld must be considered among the biggest whistle-blowers of all time,” wrote the editors of Tax Notes, the arcane but influential industry journal, in a column naming Birkenfeld its “Person of the Year” for 2009. “He single-handedly made 2009 the year in which the world finally got serious about cracking down on tax evasion.”

Well, the "world" is not remotely getting serious enough on tax evasion yet, and the outlook is decidedly less rosy than many have suggested, but Bradley Birkenfeld, the star is a hugely significant figure.


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