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Nevertheless, says Clark, if you are planning to stash your millions in the Alps, don't assume you can hide it from the tax man: "There is no doubt that the ability to arbitrage the bank-secrecy laws in Switzerland to avoid paying taxes in your home country is eroding and has been eroding for a long time, and it will continue to erode...

Author: /time Magazine | Title: After UBS, Swiss Continue to Fight for Bank Secrecy | 3/5/2010 | See Source »

...Spitzer is to be believed, then the question he faces becomes subtler: given that nearly every time his name appears in print, it is prefaced by the word disgraced, but given that he has expertise that could help prevent another Wall Street crisis, is there a way for the man known as Client No. 9 to have a policy role? After he let down his family and destroyed everything he built and fought for, can Eliot Spitzer lead a meaningful public life...

Author: /time Magazine | Title: Eliot Spitzer's Mission Impossible | 3/4/2010 | See Source »

...everyone approves of his strategy for re-entry: appearing on comedy shows and saying yes to almost every media opportunity are at odds with his image as a man of substance. "The path to repatriation always seemed different from what he's now doing," says the former aide. "You were the champion of those who had no champion. Now find an underdog and win a case for them. Go back to your roots...

Author: /time Magazine | Title: Eliot Spitzer's Mission Impossible | 3/4/2010 | See Source »

...Suddenly, a young man approached him. "Excuse me, sir, will you autograph this?" he asked, holding out his receipt. "My name is Ed." Spitzer signed the receipt and handed it back to him. "I've learned that there is no privacy anymore," he said, sighing. "It's funny. I went from being nobody when I was elected attorney general to then becoming, in a very twisted way, a celebrity." He went on to note that everything that is good and bad about him is now visible for the entire world to see and discuss - his own reality-TV show indeed...

Author: /time Magazine | Title: Eliot Spitzer's Mission Impossible | 3/4/2010 | See Source »

...fear. "In many neighborhoods on the outskirts of the city," he says, "people had set up barricades on their streets, using telephone posts, signs and trees that had fallen down. I saw a few people carrying sticks at these posts as makeshift weapons. I interviewed a man at the airport who said that some of these neighborhood watches had instituted passwords so as to identify the people who actually lived on their street." The Chilean army spent most of Wednesday locking down every block in Concepci...

Author: /time Magazine | Title: Quake Response Doesn't Live Up to Chile's Self-Image | 3/4/2010 | See Source »

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