Swiss Banks

[Creatures]

we have some laws here that no one should know who's the owner of an account or how much is on it.

it's used as a perfect hiding place for bad money (for terrorists)

these banks werent made for it, so isnt the internet here to share illegal things, but it exist and we cant change that.

any opinions?

Creatures

[vass0922]

Ummm the 'dark side' of the internet with the illegal trading isn't exactly government sponsored...

[Telexen]

If the government really wanted to, they could find out.

Hell, if a social engineer really wanted to, he'd find out.

[ClubMed]

1st 4 links are from same site
Swiss bank secrecy
What does bank secrecy cover?
Historical origins of Swiss bank secrecy
The limits to Swiss bank secrecy

Swiss banking secrecy

Survey on Bank Secrecy in Switzerland

Swiss bank secrecy is most often lifted for criminal cases such as narcotics trafficking, extortion, terrorism, etc...

[Creatures]

well yes you're right vass, but what shall we do? we had a vote about getting rid of this law, but everyone said no, kind of we are all terrorists right?

Creatures

nice links CM

[Mike]

Yes Creatures, some would say that you are indirectly terrorist supporters...

[Telexen]

Well, if it's catching terrorism or other criminal acts you're looking to minimize by eliminating the law...wouldn't that mean you should appoint someone to monitor bank transactions?

That seems like it would heaviliy limit privacy...but if the law is to be lifted, just letting it go on as normal wouldn't mean terrorism fundings through the banks would be limited.

I have some distractions in the background...and I can't quite remember what I wanted to say in this post

[Creatures]

wow cool, i'm a bad guy sorry was a bad joke, well that's the price for living in a free and nice country (i hope none will post that America is also a free nad nice country but it doesnt support terrorism!)

Creatures

[Mike]

If the bad guys didn't put money into Swiss banks, they'd find somewhere else to put the money. They'd just have to move it around and make it harder to find, which is just harder to do.

The Swiss have backbone for not listening to anyone (especially the U.S.) trying to tell them to open up details of who's money they are holding.

[Creatures]

if we cant discuss the war on iraq why should we listen to them?
america ignored every country in europe (except england of course and spain maybe) so why shall we tell them these things?

just a thought

BTW we are not the only country with this law!

Creatures