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Some of this has been packaged as a way to fight terrorism or drugs and arms trafficking or corrupt politicians--not tax evasion.
FORBES: Magazine Article
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The sale of packaged accounts by banks and building societies has been a source of concern for the regulator for some time.
BBC: Bank rules seek to prevent account mis-selling
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Its business has been built on chat-rooms for teenagers, e-mail, craftily packaged information and an unremitting quest to make its on-line services friendly to even the most technophobic web neophyte.
ECONOMIST: Internet riders
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The Center for Science in the Public Interest has been pressing federal officials for more than 30 years to take measures to reduce salt in packaged and restaurant foods.
CNN: U.S. limits urged for salt in processed food
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Most investors had already been expecting a relatively large write-down, based on the knowledge that UBS has been heavily involved in the issuing of collateralized debt obligations, or securities that have subprime debt packaged into them.
FORBES: UBS Comes Clean
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At least the Bear Stearns executives stand a chance of providing a distraction from the issues at Goldman, which has been accused of fraud by the Securities and Exchange Commission for its disclosures involving a structured product it packaged and sold in 2007.
FORBES: Next Up In Washington: Bear Stearns