Word: swiss
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...feds are squeezing UBS for the names of other clients. More Swiss and Liechtenstein banks might be next in line for a federal look-see, their vaunted secrecy laws notwithstanding. In light of Birkenfeld's arrest, private bankers from Zurich and Geneva to the Isle of Jersey off the coast of England are assuming a bunker mentality. One private banker in London, caught up on events at UBS, responded, "My God, we're doomed." Says Reuven Avi-Yonah, a professor and director of the international tax program at University of Michigan Law School: "The whole world of private banking...
...forget to check out the forerunner of Singapore's gastrobar scene. Since its opening in 2001, the New Asia Bar on the 71st and 72nd floors of the Swissôtel, www.singapore-stamford.swissotel.com, has been famed for its superior quick bites as much as its fabulous view. Try the satay-chicken pizza - a scrumptious Singaporean invention, made on a 12-inch base and served with julienned cucumber. There's also a great duck wrap, which stylishly updates the Chinese restaurant staple. Come for sundowners and graze at will. Any dinner reservations you might have for later that evening should prove superfluous...
...aftermath of the subprime crisis it turns out that many banks underestimated the risks posed by the often-arcane financial instruments they were trading. European banks themselves say that most of the bad news is already out, and some - including Barclays, Crédit Agricole and the big Swiss banks - have raised billions of dollars in fresh capital to strengthen their balance sheets. That may not be enough: a recent report by Goldman Sachs estimated that European banks will have to raise a further $95-$140 billion in fresh capital. And in the event of another Northern Rock-style meltdown...
...several decades before Jesus's birth and announces the raising of the Messiah after three days in the grave. If correct, this places the concept of a Messiah's resurrection firmly within Jewish traditions of the day. These controversial speculations could have come out years earlier, but as the Swiss-Israeli collector sheepishly told TIME in Jerusalem, ""It's my fault that it took so long to be examined...
...stone document, which is owned by a Swiss-Israeli antiques collector and reportedly came to light about a decade ago, has been dated by manuscript and chemical experts to a period just before Jesus' birth. Some scholars think it may originally have been part of the Dead Sea Scrolls, a trove of religious texts found in caves on the West Bank that were possibly associated with John the Baptist. The tablet is written in the form of an end-of-the-world prediction in the voice of the angel Gabriel; one line, for instance, predicts that "in three days...