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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 41.70+11.4%Feb 6 9:30 AM EST
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To: Francois Goelo who wrote (13866)8/25/1999 1:46:00 PM
From: Stock Watcher  Read Replies (5) of 52051
 
FG; with more offshore websites, you can rest assured there will be more pressure on all countries in the western hemisphere to either cooperate with the US authorities or face the reality of losing their hand-out congressional aid packages;

also, foreign banks with the presence in the US are subject to having their funds frozen if they choose not to cooperate;

when push comes to shove, these little countries with tax havens do an 'el-foldo' when confronted by US enforcement;

even Switzerland caved in to IRS demands; when it comes to the possibility of criminal intent, the US won't take no for an answer;

right or wrong, this seems to be the case; no country is exempt these days (except for those countries that the US is either bombing or have bombed in the recent past); sw
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