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Swiss Banks Shun Americans as U.S. Compels Disclosure

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posted on Jun, 30 2009 @ 07:41 AM
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Swiss Banks Shun Americans as U.S. Compels Disclosure


www.bloomberg.com

June 29 (Bloomberg) -- Swiss banks are shutting the accounts of Americans as the U.S. Internal Revenue Service accelerates the hunt for tax dodgers.

UBS AG and Credit Suisse Group AG, the country’s biggest banks, have told Americans to move their money into specially created units registered in the U.S., or lose their accounts. Smaller private banks such as Geneva-based Mirabaud & Cie. are closing all accounts held by U.S. taxpayers.

more than 5 million Americans live abroad, including a
(visit the link for the full news article)


Related News Links:
letsibeledmondsspeak.blogspot.com




posted on Jun, 30 2009 @ 07:41 AM
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Imagine if Cayman does the same?
Imagine if foreigners come here and can't open an account?

Is this the results of more regulation?

Why does govt. have to mess everything up?
Same thing as sarbanes-oxley

But this is not the fault of swiss bankers, if america is going out of control that's our problem not theirs.

Don't blame the swiss, blame the SEC and the IRS.

Make no mistake, the below video is very on-topic


www.bloomberg.com
(visit the link for the full news article)

[edit on 30-6-2009 by ModernAcademia]



posted on Jun, 30 2009 @ 07:48 AM
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reply to post by ModernAcademia
 


This is the worst possible news. If we are not able to protect our money from the collapse through intelligence and courage, then what is the outcome for each person who chose to see the signs and take action?

If it starts with us, does it end with us or are other countries immune from the insanity of the last ditch efforts by the Global elites to kill the American economy?



posted on Jun, 30 2009 @ 08:17 AM
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Originally posted by antar
then what is the outcome for each person who chose to see the signs and take action?


Switzerland belives in limited govt.
Move there!



posted on Jun, 30 2009 @ 09:29 AM
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With all of the push now for people to buy gold I wonder if there isn't a plot behind it. People buy all of this gold in the U.S. to protect thier retirement and investments then a couple of years down the road, the U.S. decides that gold ingots are a national asset and needed to bolster the national currency and requires everyone to sell thier gold to the gov't for a mere pittance of what they paid or is worth or face serious federal time for possesion of a national asset without authorization.



posted on Jun, 30 2009 @ 08:37 PM
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I'm pretty sure that the swiss banks are doing this because the IRS is going after the Swiss banks now. They are obtaining indictments against the bankers for tax evasion conspiracy, and attempting to obtain court orders to force the Swiss to relaese the names of it's American clients.

www.abovetopsecret.com...



posted on Jun, 30 2009 @ 08:48 PM
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all the more reason to procure "alternative" identification. Camouflage passports anyone? Time to invoke that long last Swiss birth certificate I never knew i had...



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