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“Credit Suisse is the largest financial company to plead guilty to the non-crime of ‘money laundering’ in 20 years.  The plea marks the end of an era. One of the shell entities implicated, according to the government, dated back a century – or just after the creation of the federal tax code and the income tax.   Of the $2.6 billion fine, The Department of Justice will receive $1.8 billion and New York State’s top financial regulator, Benjamin Lawsky, will receive $715 million of the stolen loot.  With the FATCA coming into full effect on January 1, 2016, and the US government actively prosecuting banks, only savvy Americans will be able to find financial institutions abroad to service them.”