Guest Host: Jim Asendio

Swiss banking giant UBS agreed this week to reveal the names of over four thousand Americans holding so-called ‘secret’ Swiss bank account totaling over 18 billion dollars. The deal is considered a major accomplishment in a U.S. effort to end off-shore tax evasion. We examine the legal and diplomatic wrangling that brought about the agreement, and explore what it means for U.S. taxpayers – even if they don’t hold a secret Swiss bank account.

Guests

  • Tom Cardamone Managing Director, Global Financial Integrity
  • Laura Saunders Reporter, Wall Street Journal

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