Morning Scan: IMF Head Blasts Financial Industry for Resisting Refor...

05/27/14

Wall Street Journal

Federal prosecutors are on an international hunt for U.S. tax dodgers. Credit Suisse, which last week pleaded guilty to helping Americans evade taxes, has agreed to relinquish some records that will help authorities sniff out individuals who have hidden money in foreign accounts. Meanwhile, roughly 100 Swiss banks "have applied to join a Justice Department program that allows them to voluntarily turn over records about possible undisclosed U.S. accounts." The Justice Department may...

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