BTW... if you recall... the Swiss gov't penalized/chastised the Swiss banks for releasing said info
such is the pressure the IRS can bring to bear..in conjunction w/ the US gov't
This is incorrect-the Swiss banks in question never released details to accounts and instead payed a record fine. They were informed by the Swiss Gvt. that they will lose their banking license and face criminal charges, if they intended on releasing information about any accounts.