The IRS has completely restored my faith in humanity, for I see finally that there remains some honour among theives. Zero Hedge reports the details (Source, Reuters):
Jailed UBS Employee Gets $104 Million From IRS For Exposing Swiss Bank Account Holders
Zero Hedge nicely summarizes the implication of this action:
Uncle Sam wants you, dear concerned citizen, to expose all other such evil Swiss bank account holders (electoral campaign implications here being painfully obvious). You will be richly rewarded. But watch your back, dear concerned citizen, if you ever succeed in escaping into the rarefied air of having 2 nickels to rub together, and decide to save them not on US soil, for some inexplicable reason, but, say, Zurich or Geneva.
See also: Foreign Financial Institutions could recover some of their costs for implementing FATCA
