Our favorite Swiss bank in town emailed the incoming S&T analyst class this morning with some news, good or bad depending on whether or not anyone in the group was hoping to spend the next 12 months finding him/herself. One year deferral, 15k pretax for the year-- no option. And have a great day!
UBS Being Investigated For Sidling Up To Belgian Customers And Asking If They Were Interested In Some Candy Avoiding Taxes
In other words, the Swiss bank is being investigated for being a Swiss bank.