Senate grills Swiss banking giant on tax evasion
Clip: 2/26/2014 | 5m 59s
Senate grills Swiss banking giant on tax evasion
A Senate probe concluded that Credit Suisse has helped thousands of wealthy Americans hide billions of dollars from the IRS overseas. In a hearing on Capitol Hill, the Swiss banking giant’s leadership refused to provide more information or disclose names to the Senate, citing Swiss law. Gina Chon of The Financial Times joins Judy Woodruff to discuss the hearing and the Swiss bank’s liability.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
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Senate grills Swiss banking giant on tax evasion
Clip: 2/26/2014 | 5m 59s
A Senate probe concluded that Credit Suisse has helped thousands of wealthy Americans hide billions of dollars from the IRS overseas. In a hearing on Capitol Hill, the Swiss banking giant’s leadership refused to provide more information or disclose names to the Senate, citing Swiss law. Gina Chon of The Financial Times joins Judy Woodruff to discuss the hearing and the Swiss bank’s liability.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...