Foundations of Swiss bank secret shaking

"According to U.S. officials, when an acquisition in 2000 of a U.S. company brought UBS a host of new American clients, the bank set about to evade new reporting requirements for those clients. To do so, UBS executives helped U.S. tax payers open new accounts in the names of sham entities."

http://www.msnbc.msn.com/id/29268064