NO COMMENT – 2
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UBS ADMITS TO HELPING CLIENTS HIDE ACCOUNTS

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UBS will pay $780 million in fines and provide the U.S. with client identities [!] as part of a settlement in which the Swiss bank admits to helping taxpayers hide bank accounts from the IRS.
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Well, there goes my 401K.

I thought Justice Holmes (see #28 above) said that “. . .we should be proud. . .” because Americans “. . . pay their taxes honestly and of their own free will.”

[ Full story (subscription) at: http://online.wsj.com/article/SB123499439400216483.html ]