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A Swiss judge fined the former banker who gave confidential files to WikiLeaks roughly $6,250, but spared the whistle-blower a prison sentence. Rudolf Elmer was found guilty of violating Switzerland's confidential banking laws, which have protected such people as tax-dodging Americans and the Nazis.

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A former Swiss banker is set to hand over even more financial data to WikiLeaks. Rudolf Elmer, a former Julius Baer employee, claims he has data on how the mega-rich have used offshore accounts and institutional loopholes to avoid tax payments.

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In a referendum in which 70 percent voted "no," the people of Switzerland have decided against a proposed law that would have assigned lawyers to defend animals in court. In its defense, Switzerland already has comprehensive animal rights laws, though many feel the vote was a cat-astrophe.

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Swiss bank accounts aren't what they used to be. Switzerland recently agreed to fork over information on 4,450 UBS AG bank accounts to the IRS as an investigation into suspected tax evasion threatens the good name that Swiss banking has provided to money launderers and tax evaders for centuries.

Robert Scheer

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One wonders if Phil Gramm has been made just a tad nervous by the news on Tuesday that one of UBS' super-wealthy private clients has pleaded guilty to tax evasion.

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