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THE ECONOMY & YOU # (Daily Updated Videos & Articles)
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[quote:RoXY:MV8xNTc4NDI2XzMzMDcxMjk2X0MwRDNGNENC] [b]Billion-euro whistleblower[/b] 24 August 2012 Hervé Falciani is the 40-year-old computer technician who provided several European governments access to files listing the names of the thousands of their citizens evading taxes via bank accounts at HSBC's Swiss affiliate. Arrested in Barcelona in late July, he is awaiting extradition to Switzerland. Excerpts. Manuel Altozano He did not have to look far to find them. They were there, on his computer screen, the one he worked at for six years at HSBC's Geneva headquarters. Hervé Falciani was responsible for upgrading client databases in one of the world's largest banks and the information to which he had access in October 2006 was priceless. The data, protected by Switzerland's sacrosanct secrecy laws, concerned millionaire depositers' accounts left to blossom over the course of years thanks to covert transfers and financial flows of doubtful, but untraceable, origins. [b]CONTINUE: http://www.presseurop.eu/en/content/article/2575781-billion-euro-whistleblower?xtor=RSS-9[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
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