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by Jgrubb 4421 days ago
Funny, when I hear "Switzerland" I think about how just this morning I heard that the American IRS has finally broken the long standing tradition of Swiss banking privacy, and that CreditSuisse will be paying billions of dollars in fines.
2 comments

Well, selling out American millionaires is one thing, I have a feeling the Swiss would be less willing to sell out private communications to the NSA.
Because...
Because the "neutral" Swiss company Crypto AG was backdoored by the NSA long, long ago.

https://en.wikipedia.org/wiki/Crypto_AG#Back-doored_machines

Because they've already sold them out to USG? (Crypto AG)? Or possibly, because someone else is a higher bidder?
Only for US citizens, and this is on a per-bank basis - if you're a US citizen (or pay taxes in the US) you might be rejected in some of the banks.