Authored by: Scott A. Harty The U.S. government continues to levy immense pressure on the Swiss banking system, and the Swiss banks, historically renowned for their secrecy, continue to show cracks.  On January 30, 2012, eight Swiss banks acquiesced to intensified pressure from the U.S. and handed over data on many U.S. clients suspected of tax evasion.  The data includes millions of emails between various bankers and their clients (and, by necessity, the names of those parties involved).  While the data was handed over to avoid potential prosecution by the U.S. government, the data was provided in a heavily encrypted… Read more