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To: Yaelle

RE: I hope Switzerland wins.

The Swiss have already lost. They have CAPITULATED and agreed to allow their giant bank, UBS to REVEAL the Swiss bank accounts of 4,000 depositors.

Why did they capitulate? Simple, America THREATENED their big banks (e.g., UBS and Credit Suise) with onerous retaliation. These banks had to comply if they still want to do business in America ( still the biggest financial market in the world ).

To make a long story short - SWITZERLAND IS NO LONGER THE SECRET, SECURE SAFE HAVEN IT USED TO BE.

This is one of Obama’s singular accomplishments...

Talk about American Imperialism, this takes the cake.


9 posted on 02/13/2012 6:41:25 AM PST by SeekAndFind
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To: SeekAndFind
"They have CAPITULATED"

Above all, the Swiss are pragmatic.

11 posted on 02/13/2012 6:45:14 AM PST by Savage Beast (Only a powerful intellect and internal moral compass can resist the incessant barrage of propaganda.)
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