Banking: A Crack In the Swiss Vault

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Uploaded by on Aug 15, 2010

Swiss bank accounts offered people, including U.S. tax cheats, a safe place to hide money. But the largest Swiss bank has released formerly sacrosanct data on its U.S. customers because of tips provided by whistleblower Bradley Birkenfeld, who tells Steve Kroft some of the secrets Swiss bankers never tell.

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Top Comments

  • I learned something today, don't cooperate with Government or you will get fucked over any way .

  • dumbass feds. that moron investigator they show at 10:50 is a total pawn. He thinks he was doing the "right thing" by putting the whistleblower in jail, when all its going to do is ensure that no offshore banker ever tries to help the IRS again, when all he is actually doing is obeying the orders of the rich politicians who own his ass, who have offshore accounts themselves and would want nothing more than to dissuade future offshore banking whistleblowers.

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  • Mitt Romney is one of the Americans who disclosed they had Swiss accounts. He closed his account in 2010, but did not disclose the account on his federal disclosures.

  • The guy at 7:35 seriously resembles Russell Peters..

  • Ha ha! That's what you get, you little rat.

  • America, were the sick and crazy preserve <3

  • I'm glad he is doing time, he is a criminal, and deceitful traitor of the nation he used and abused for his wealth and fame. he is a traitor of the trust and freedom that Switzerland refuses to take from its citizens and global clients... i hope he meets bubba....

  • @12354blahbla That's the thing they have to go by the laws but we all know Washington is in bed with Wall Street. It's been that way for a long time..They want to send the message to potential whistle blowers that. It's better to keep your mouth shut, because if you talk you get sent to jail and we walk away. I would have kept my mouth shut and kept making money. It's a win, win.

  • I can't believe this guy wasn't knocked off! I hate snitchs....

  • press 4 really fast

    

  • He deserves jail for telling on his people

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