Credit Suisse to pay $2.6 billion, settle charges it helped tax dodgers - POLITICO.com Print View

.. And no wonder why we have no money to pay our bills!

Credit Suisse to pay $2.6 billion, settle charges it helped tax dodgers - POLITICO.com Print View: "The bank admitted that for decades it engaged in practices such as destroying documents and setting up sham accounts to help thousands of Americans dodge the tax man.

The deal comes amid increased pressure on the Justice Department to hold banks accountable for sketchy practices. DOJ has been blasted for failing to prosecute banks in the aftermath of the 2008 financial crisis — though Credit Suisse was not a major player — and for failing to vigorously pursue financial institutions that have acted as tax havens for the wealthy."

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