Four Bankers Charged With Helping U.S. Taxpayers Hide $3 Billion

Four Bankers Charged With Helping U.S. Taxpayers Hide $3 Billion

The latest news in the federal government’s crackdown on taxpayers (or rather, people who are supposed to be paying taxes) with offshore bank accounts: Four bankers from Credit Suisse Group have been indicted on charges of aiding tax evaders in hiding around $3 billion in assets. [More]

Credit Suisse Top Execs Get Toxic Debt As Christmas Bonus

Credit Suisse Top Execs Get Toxic Debt As Christmas Bonus

Instead of canceling bonuses for top execs this year, Credit Suisse instead will pay them with the very toxic debt that’s thrown the world into an economic crisis. Yes, Virginia, there is a Revenge Claus.