For those of you who have been taking a bath in Siberia for the past 12 hours, the world’s biggest bank for the wealthy (or at least, we think it still holds this title) is being investigated by U.S. authorities for possibly helping its ultra-rich clients evade taxes. (We’d like to take a moment here to reflect on the ugliness of the word “evade.” Might we suggest, you know, maybe “defer”?) What’s more, a senior bank employee is now being raked over the coals by the Justice Department. And names are being named.

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