Tuesday, June 08, 2010

From the "What a Difference a Year Makes" File

Exactly one year ago the Swiss were caving to Obama, trashing their long-standing leadership in offering financial privacy. Today it seems that the Swiss might be up for a little game of brinksmanship with the Obama administration after all. What happened? A little glitch in the Swiss parliament, someone didn't get the right memo? Or the specter of Obama not looking so ominous these days and the Swiss would like to rethink who writes their banking laws, them or Obama? Or other?

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