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Switzerland's tradition of financial discretion goes back at least to the 17th century. In the wake of World War I, as many European currencies became unstable, the consistent (not to mention neutral) Swiss franc attracted depositors. After France, incensed by the loss of revenue, raided a Swiss bank's office in Paris and revealed the names on its accounts, the Swiss passed a law in 1934 making such disclosures criminal. Years later, Swiss banks both sheltered the assets of German Jews and accepted looted Nazi gold (and later set up a $1.25 billion compensation fund for Holocaust victims). Corrupt...

Author: /time Magazine | Title: A Brief History Of: Swiss Banks | 2/26/2009 | See Source »

...article also incorrectly stated that Richards said poetry reading with a bit of potty mouth is destined to be “great fun.” In fact, Richards was referring to poetry reading in general and made no mention of foul language in reference to that remark...

Author: By Gulus Emre, CONTRIBUTING WRITER | Title: Reading With the Stars: Harvard Literati Step Out For Poetry | 2/24/2009 | See Source »

...staff to ensure that the self-study accurately reflects the community’s experience,” Dean Lamberth wrote in an e-mail after the meeting. One concern raised by student representatives at Wednesday’s meeting was whether the report—which makes no mention of social organizations like final clubs and sororities—captures the tendency of extracurricular and social life on campus to bleed together. But Lamberth pointed out in her e-mail that the reaccredidation standards do not inquire about social life, and that the University’s report...

Author: By Edward-michael Dussom, CRIMSON STAFF WRITER | Title: CCL Reviews Student Life Report | 2/23/2009 | See Source »

...rooms starting at $169, including a bottle of Cakebread wine and tastings at two other local wineries. The rate also includes breakfast, so you don't go off on vineyard tours with an empty stomach. The hotel is also discounting spa services by 20%. Book through April 30 and mention code M11. 3425 Solano Avenue, Napa...

Author: /time Magazine | Title: Travel on Sale: Tahiti and South America for a Song | 2/23/2009 | See Source »

Williamson is being kicked out of the country on a technicality. The government said that he had neglected to mention that he is a bishop on his immigration papers when he came to Argentina in 2003. In his papers, Williamson appears only as an employee for the tree-lined La Reja seminary outside the city of Buenos Aires, when he actually presided over the religious institution. At the ultra-orthodox seminary, run by the Society of St. Pius X, mass is said in Latin with the priest facing the altar and turning his back to the congregation. At services, women...

Author: /time Magazine | Title: Argentina Deports a Holocaust-Denying Bishop | 2/23/2009 | See Source »

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