[colechristensen]

UBS paid a nearly $800M fine to the US, they didn't collapse because they could pay that. At least a couple of Swiss banks collapsed when they went through actual prosecution, but around 100 Swiss banks paid absolutely enormous fines to avoid prosecution in a political deal between the US and Switzerland with the implication that if they continued helping Americans hide assets they'd be prosecuted for all of it anyway. The fines were actually sized correctly for once, 20% to 50% of the total of assets Americans had hidden in them.