Yep. I had a chance to talk to an American several years ago who was living in Switzerland when I first learned about this situation. He had a house there befor

Yep. I had a chance to talk to an American several years ago who was living in Switzerland when I first learned about this situation. He had a house there before the US had fully forced the Swiss banks to give up their banking records. He had to refi or something and basically the local Swiss banks would not offer him a new loan purely because he was an American and because the US had been so heavy handed with them. Eventually I was able to find a lender to work with but it was not easy. The situation was so acrimonious that all major Swiss banks were refusing to do any new business with Americans. Afterwords I looked into it and linked up what had been happening in the news with his story (not his specific problem, but in general terms what had been going on with banking).