What Moves Shares & (Some) Faces?
Posted on August 8, 2009 | by Markus Stocker
This recession has been also interesting, not just painful, at least for people with a curiousity for how stock markets react to news. (And, yes, there are probably dozens of other reasons for recessions to be not just interesting but even useful and necessary: They are important regulators in a feedback control loop, so, should [...]
To Consider Or Not To Consider Foreign Law
Posted on July 11, 2009 | by Markus Stocker
Today, I read the following answer given by Peter V. Kunz — professor for Business and Comparative Law at the University of Bern, Switzerland — to a question in an interview with NZZ (translated from German,) Yes, American courts can ignore Swiss law — currently, there is a pronounced tendency in the USA to deliberately [...]
Anthony, You May Want to Take Notes
Posted on February 19, 2009 | by Markus Stocker
As Swiss citizen, today I probably ought to write a blog post on the recent evolution regarding the United States of America vs. UBS AG conflict. Having lived and worked in the US in 2008, having enjoyed a constant and mostly enriching exchange with people of diverse opinions at work and in public over an [...]
IRS. Swiss Banks. Fraud.
Posted on February 1, 2009 | by Markus Stocker
After UBS, also Credit Suisse is becoming a target of the IRS, according to NZZ. The IRS argument: Some people like to move money into Swiss banks to bypass US tax authorities. I do believe, such practices are well known, so, IRS I’m afraid you are not discovering anything new. I wonder though, the scapegoat [...]
