Switzerland will hand over details of about 4,450 UBS bank accounts to U.S. authorities, settling a tax dispute that has threatened Swiss banking secrecy, the two governments said on Wednesday.
The Swiss government has also agreed to review and process requests by the United States seeking information from Swiss banks besides UBS about account holders who may have tried to evade U.S. taxes, the U.S. government said.
Foolish Swiss. America doesn't even respect its own borders and laws. What ever made them think we would respect theirs?