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Richard Murphy on tax, accounting and political economy

Now we know who to hold to account for the abuse of Swiss banking

Posted on October 16 2008

The Guardian has reported:

Switzerland's two biggest banks today turned to the country's government and sovereign wealth funds to bail them out in a fresh wave of instability in the global financial sector.

So now we know who to blame for the secrecy: it is now more than ever officially state supported.

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