July 6, 2010 - Phil Hodgen

HSBC is the next UBS

The U.S. government is now poking around at HSBC for tax evaders.  The current focus seems to be Asia, not Switzerland.  The stolen HSBC data from Geneva (which is in the hands of the German, French, and I believe Italian governments) is probably in Washington, DC as well, because people who enforce taxpaying virtue have no compunction in using illegally-obtained evidence.

Voluntary Disclosure