The Finch Formerly Known As Gold

1 July 2004

They've given you a number

The anonymous Swiss bank account is a thing of the past.

Beginning today, a new law intended to combat money-laundering will require that anyone opening an account in a Swiss bank will have to provide proof of identity. Some accounts may still be officially identified by numbers, but the bank will be required to obtain the name of the accountholder.

The next step? Perhaps — gasp! — tax withholding on foreign-owned accounts? What would Harry Lime say?

Posted at 9:36 AM to Dyssynergy

Oh Lord, I hope not. It's all part of our get rich quick scheme - you know the one's that take 20 years to achieve.

Posted by: Babs at 6:11 PM on 1 July 2004

I'd settle for "get rich slow" if it weren't that slow.

Actually, I can't complain; I'm far from wealthy, but I'm not in the sad shape I was in some years ago.

Posted by: CGHill at 6:23 PM on 1 July 2004

I hear you loud and clear. I hope I never have to go back to the financial conditions of a few years back.

Posted by: Babs at 8:09 PM on 1 July 2004