Somebody in Switzerland can shit money!!! Like, literally! So far, the unidentified individual has pushed tens of thousands of euro out of their craphole!
Don’t suppose that fooled ya, did it? No, of course not. This is what a four-year-old might be inclined to accept as fact. There’s no excuse for grown-ups unless they are partial to mind-altering substances, in which case the idea of people shitting money wouldn’t appear out of the ordinary. So, let me tell you what all this is about and what happened in the aftermath.
Bloomberg (love you, guys!) reported this week that Geneva prosecutors were investigating how wads of 500-euro bills found their way into the toilet pipes of three restaurants in the vicinity of a UBS branch. For those not particularly interested in financial matters and the institutions that rule the market, UBS is Switzerland’s biggest bank and one of the world’s top sector players: it has operations in more than 50 countries and a global workforce of close to 60,000.
It might also be appropriate to mention that UBS has been involved in a fair share of controversies, some of them resulting in criminal charges. It was one of the financial institutions that held on to Holocaust victims’ assets and claimed them as its own. In more recent years, the bank has been accused of aiding tax evasion in several countries, violating US trade embargoes, colluding with certain peers to manipulate Libor and currency benchmarks, and quite a few other transgressions.
But it’s not my intention to hate on UBS. To prove that, I’ll also tell you that it consistently gets recognized by industry bodies, especially for its wealth management services, equity research, and employment practices. On the other hand, I didn’t set out to produce an article about UBS so let’s move on.
The bank had to be mentioned because the first discarded bills turned up in a bathroom close to a UBS vault full of safe deposit boxes. Within a few days, banknotes had made their way into the toilet pipes of those restaurants, the result being thousands of francs blown on plumbing repairs. Switzerland has no law against destroying banknotes but Geneva prosecutors believe the incident merits an investigation. UBS has yet to issue an official statement on the matter.
All right now, we know Switzerland is a rich country but come on!!! This was one of the first things to cross my mind when I read that piece of news. Then I got to thinking this is one frigging weirdo of a country. Cuckoo clocks, mountains, cows, cheese, fondue, chocolate, bank secrecy laws, neutrality during World War 2 – that more or less exhausts my knowledge about Switzerland.
Then the usual happened. You see, when I read something and it intrigues me for whatever reason, I want to find out more. Don’t get me wrong; I’m not always in pursuit of quality information – sometimes I just want to be entertained. I was leaning towards levity on the day I read Bloomberg’s article so I set out to unearth weird things about Switzerland.
Do you have any idea how many things are against the law in this country after 10 pm? I mean routine, run-of-the-mill things, not some outlandish activities. Check this out: flushing the toilet, taking a shower, washing your car, slamming a car door, or peeing standing up. Apparently, the first two are encoded in laws that allow interpretation. Come Sunday, don’t you dare hang your laundry out to dry, wash your car (yourself, that is; going to a car wash is perfectly legal), mow your lawn, or dump bottles and cans in public recycling bins. And forget about reciting poetry while you ski down a mountain slope!
You wouldn’t believe the passion Switzerland has for animal rights! In case you are considering a guinea pig, a mouse or a ferret as pets, you’ll have to get at least two or you’ll be guilty of animal abuse because these are social species. On the other hand, the country doesn’t seem to care all that much about cats, which definitely gets my goat!
Most of its weird laws are intended to keep Switzerland clean and safe. That it is and then some! It may be the only country in the world where heads of state and government members use public transport and do so without any bodyguards in tow. Mind you, this is a country where men have to keep their rifles after their compulsory military service. So, lots of firearms around but no itchy trigger fingers.
What else made me go “WTF”? Switzerland allows discrimination on the basis of gender, age, or nationality, as well as assisted suicide. It also has no problem with illegal downloads but sharing the content is a no-no (huh?). You can go nude or start a campfire in public without fear of legal repercussions. And if you happen to be a wealthy foreigner, you can haggle with the authorities to get a flat tax rate.
So, dear readers, I now have a wealth of more or less useless information about this interesting country. Allow me to take a minute to thank Bloomberg and Reuters, whose daily newsletters keep me amply supplied with all sorts of information. Some of them carry serious stories, like world, business, and financial news. Some deal with plain goofy stuff. But you know what? They keep my curiosity alive and very often provide me with writing material. Granted, this article may not have much of a worth but I enjoyed the research and the actual writing. And I think I now want to visit Switzerland one day and cavort in the mountains among the cows, munching on a chunk of cheese and reciting poetry. Since I won’t be skiing, I don’t expect to run afoul of the law.
P.S. Remember how the Internet went ga-ga recently over the “[insert country] Second” campaign? With Trump stomping his feet and screeching it will be “America First,” a swarm of countries began jostling for the second position. The Netherlands produced the first video, setting the tone and style for the rest. Not all of them are good, but Switzerland’s is, without any doubt in my mind, one of the top three. In case you’ve let this hilarity slip unnoticed, grab a spare set of undies and then check out how the country sought to win over POTUS.