Swiss TV Interviews Scott Michel on Implications of Credit Suisse Plea

Scott D. Michel spoke with Swiss TV on Credit Suisse's decision to enter a guilty plea to avoid a lengthy and potentially costly criminal trial.  The Swiss bank's admission that it set up sham companies to enable clients to unlawfully funnel assets away from the Internal Revenue Service and its subsequent landmark settlement, will have immediate ramifications on other banks and tax haven countries.  To see the interview, which is in French, please visit RTS's website, then click and drag the radial to minute 1:49.