Tuesday 9 February 2010

raubkopier

There is a fairly impassioned debate going on in the German government about the ethicality of reviewing the financial data on a pilfered CD-ROM from a Swiss bank clerk.  German already paid a tidy ransom to the bank clerk for a list of reportedly 5000 German individuals who have been stashing money away in the Confederacy to avoid paying taxes.  The German government justified its purchase, since it stands to recoup up to a billion euro in tax revenue.  Not every one is pleased with Germany's conduct for dealing in stolen goods.  What if it was not a stolen list of tax-evaders, but a list of welfare grifters or people with outstanding hospital bills?  What sort of message does it send to Switzerland--that there should be a similiar bounty on German confidential files?  There was a big to-do already in Davos over what previous few props are available for banking giant UBS and what would it mean to hand over a slice of bailout pie to Zurich.  It does not seem any different than state-supported piracy to me.  Last year, this sort of exchange between Vaduz and the States led me to cleaning out and closing my Liechtensteiner, Swiss-Lite account.  Now, however, I understand that there is a plaintiff in case against the partner bank that surrendered his financial data, that made him cough up his back taxes, who has successfully sued for several millions due to distress incurred.