Swiss 'clean money' strategy is lipstick on a pig
February 24th, 2012
Switzerland's new clean money strategy is little more than smoke and mirrors.
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As the new Greek government struggles to convince Europe of its resolve to cut the country’s bloated public sector, it also has to decide whether to face down the real domestic threat to Greece’s stability: the network of oligarch families who control large parts of the Greek business, the financial sector, the media and, indeed, politicians.The oligarchs have responded predictably: by accelerating their exports of cash. In the last year, the London property market alone...