US Lets Swiss Banks, Accused of Aiding Tax Fraud, Avoid Prosecution with Fines
ANGLO AMERICA, EUROPE, CAPITALISM, JUSTICE, ECONOMICS, SHORT VIDEO CLIPS, 13 May 2013
The Real News Network – TRANSCEND Media Service
James Henry says, “Swiss banks are negotiating fines to avoid prosecution, while billions of dollars continue to be hidden away from taxes.”
James S. Henry is a leading economist, attorney and investigative journalist who has written extensively about global issues. James served as Chief Economist at the international consultancy firm McKinsey & Co and as an investigative journalist his work has appeared in numerous publications like Forbes, The Nation, and the The New York Times. He was the lead researcher of the recently released report titled “’The Price of Offshore Revisited.’
httpv://www.youtube.com/watch?v=sGfw82uC35Q
This article originally appeared on Transcend Media Service (TMS) on 13 May 2013.
Anticopyright: Editorials and articles originated on TMS may be freely reprinted, disseminated, translated and used as background material, provided an acknowledgement and link to the source, TMS: US Lets Swiss Banks, Accused of Aiding Tax Fraud, Avoid Prosecution with Fines, is included. Thank you.
If you enjoyed this article, please donate to TMS to join the growing list of TMS Supporters.
This work is licensed under a CC BY-NC 4.0 License.
Read more
Click here to go to the current weekly digest or pick another article:
ANGLO AMERICA:
- USA’s Suicide Pact
- The Limits of Power
- "We're Like Pirates": Trump on US Seizing Iranian Oil from Ships in Hormuz
EUROPE:
- Why the Israeli and US War in Iran Is "Not Europe's War"
- Food Safety in the EU: Addition of Vitamins and Minerals
- Europe’s ‘War on Vitamins’ Returns: How EU Restrictions Risk Deepening a Silent Public Health Crisis
CAPITALISM:
- Understanding the Link between Capitalism and War
- The Business of Armed Conflict: Who Is Profiting from the War of Aggression against Iran
- Want to Know Capitalism’s Endgame? Just Look at Private Equity--It Has Captured Our Everyday Lives
JUSTICE:
- Int’l Court of Justice Finds Israelis Broke Law by Starving Palestinians of Gaza
- Gaza Tribunal: A Historic Statement in the Shadow of Testimony
- Bertrand Russell's Historic War Crimes Tribunal against the US in Vietnam, 1964-1967
ECONOMICS:
- A Major Problem That Economics Has Avoided All Along
- Which Countries Owe the IMF the Most Money in 2025?
- Two-Thirds of Climate Funding for Global South Is Loans as Rich Countries Profiteer from Escalating Climate Crisis
SHORT VIDEO CLIPS: