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Psst! Got any money?

Posted By: Steve MacLellan (blk-137-86-42.eastlink.ca)
Date: Thursday, 23 September 2010, at 5:08 p.m.

According to The Globe and Mail, Swiss bank accounts are out and Singapore and Hong Kong banking accounts are in. A recent article by Lynnley Browning says:

For centuries, Switzerland has been the sanctuary of choice for wealthy people seeking to hide their fortunes and evade taxes. Now, amid a growing crackdown on Swiss private banking, the rich are flocking to Singapore and Hong Kong, which still offer some of the world’s most secret accounts.

Cool! Well... now we know where to stash the cash... if we had any....

Say... got five bucks?

Regards,
Steve MacLellan

Swiss bank secrecy shifts to East

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