Forcing the Swiss to Pick Sides

The secrecy of bank accounts in Switzerland has made them attractive places to hide money for years. David Rennie, EU correspondent for The Economist and Mathew Saltmarsh, Paris-based reported for the New York Times, explain why after almost 80 years the Swiss government will start cooperating with other countries and provide the account information of foreign tax evaders. Plus, a look at why Liechtenstein also has its bank secrecy laws.