Financial Transparency Coalition

At the root of the public fascination with the fate of Michael Bryant is a question that lies at the heart of democracy: Do the rich and powerful get special treatment?

TORONTO (Reuters) - Canada could pursue Swiss bank UBS (UBSN.VX) in court if bank officials refuse to disclose the names of Canadian clients who are evading taxes using UBS accounts, but even the government minister responsible believes stronger laws may be needed.

NEW YORK (Reuters) - Executives at Swiss banks Julius Baer (BAER.VX) and Credit Suisse (CSGN.VX) expect to avoid a U.S. tax investigation into their private banking businesses on the same scale as their peer UBS (UBSN.VX), they told The Financial Times on Sunday.

Swiss Bankers Association has declined to give names of Indian holding accounts in Swiss banks. But they could not hold American's names, they buckled down, revealed names of US nationals and paid fines to US also. Why do we then fail?