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Swiss banks ban top executive travel

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  • Swiss banks ban top executive travel

    Switzerland’s private banks have started to ban their top executives from travelling abroad, even to neighbouring France and Germany, because of fears they will be detained as part of a global crackdown on bank secrecy

    http://www.ft.com/cms/s/0/df9ce572-1...nclick_check=1

    Hilarious.

  • #2
    Re: Swiss banks ban top executive travel

    No Leaving The Cantonment!

    I'm thinking most likely in German

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    • #3
      Re: Swiss banks ban top executive travel

      Originally posted by blazespinnaker View Post
      Switzerland’s private banks have started to ban their top executives from travelling abroad, even to neighbouring France and Germany, because of fears they will be detained as part of a global crackdown on bank secrecy

      http://www.ft.com/cms/s/0/df9ce572-1...nclick_check=1

      Hilarious.
      The only thing I find hilarious is the ROW trying to blame Switzerland; now, that is hilarious.

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      • #4
        Re: Swiss banks ban top executive travel

        Originally posted by Down Under View Post
        The only thing I find hilarious is the ROW trying to blame Switzerland; now, that is hilarious.
        The leap guys see them as a part of the problem

        3. Get the IMF to assess the US, UK and Swiss financial systems!

        The third recommendation relates to a politically sensitive issue, which cannot be ignored. It is essential that, no later than July 2009, the imf presents to the G20 an independent assessment of the three national financial systems at the heart of the current financial crisis: US, UK and Switzerland. No sustainable recommendation can be efficiently implemented as long as no one has any clear understanding of the damage caused by the crisis inside these three pillars of the global financial system. It is no longer time to be polite with the countries located at the centre of the current financial chaos.
        http://www.leap2020.eu/London-G20-Su...ion_a3010.html

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        • #5
          Re: Swiss banks ban top executive travel

          New Financially Engineered Product: Detention Insurance from AIG with options such as Guantanamo, Bonus Guarantee and Enhanced Interrogation clauses.

          Human creativity will get us out of this.

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