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| Hedge Fund Directories |
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Switzerland agreed on Friday to relax its strict bank secrecy rules and co-operate more on tax evasion in a last-ditch attempt to fend off a global crackdown on tax havens that is rattling the offshore banking industry.
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Liechtenstein has agreed to ease its strict bank secrecy law by committing to OECD standards on tax transparency and data exchange.
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As expected, Greenspan thinks the Fed under his leadership has done everything right and that other factors are to blame for the housing bubble. The U.S. Federal Reserve�??s �??easy money�?� policies during the first part of this decade didn�??t cause the housing bubble, former Chairman Alan Greenspan wrote in the Wall Street Journal.
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Pacific Investment Management Co. which runs the world�??s biggest bond fund, joined Warren Buffett and Marc Faber in saying inflation will quicken, sounding a warning for Treasury investors.
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