Swiss Banking Industry Offers Shockingly Sincere Apology for Tax Shelters

Swiss bank accounts are kind of like steroids in sports: lots of ridiculously wealthy people use them and everybody knows that these people use them, but they’re still a big no no. We joke about how they’ve become such a regular part of the national conversation, but any connection to them becomes a PR liability for big-name clients. Just ask Mitt Romney.

For this reason, we find ourselves amused by the incredibly earnest apology issued today by Patrick Odier, a spokesperson speaking on behalf of the entire Swiss banking industry.