Sunday, March 30, 2008

Swiss Privacy broken – New US Regulator proposed, while new gold rush begins

http://www.nytimes.com/2008/03/29/business/worldbusiness/29swiss.html?ei=5065&en=be96c778a5f8828a&ex=1207368000&partner=MYWAY&pagewanted=print GENEVA — Like Paul Revere, Konrad Hummler sounded the alarm last week as he made his way by train and by plane to his bank's branches across Switzerland. This country's storied role as secret banker to the world's wealthy is under threat like never before, Mr. Hummler warned.

MORE POWER FOR FED...

...overhaul of Wall Street regulation

http://www.ft.com/cms/s/0/4b243902-fd06-11dc-961e-000077b07658.html California Gold Rush