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Swiss Bank Pleads Guilty for Helping US Tax Evaders

U.S. Attorney General Eric Holder says Swiss banking giant Credit Suisse has agreed to plead guilty and pay a massive fine for helping U.S. citizens evade taxes. Holder on Monday said an extensive investigation shows the bank and its subsidiaries engaged in a wide-ranging conspiracy as far back as 100 years ago. He said hundreds of Credit Suisse bank employees and managers deceived the U.S. government and American taxpayers by hiding assets in undeclared illegal bank accounts. Holder...

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