That particular strategy, at least in the U.S., has been trumped by this Foreign Account Tax Compliance Act. And believe me, I'm not a proponent of this legislation. I think it's incredibly burdensome in many respects. But the U.S. Congress came up with a way that they hope will prevent Americans from being able to hide their accounts.
Basically, the legislation says that any bank anywhere in the world that wants to invest in the United States for any purpose on behalf of any client must enter into an agreement with the Internal Revenue Service. In effect, they must promise to disclose the names of all of their American account holders on an annual basis, and they must implement procedures to make sure that they are identifying all their American account holders.
That is one step. I think to some extent it's an excessive step, but that's a step that the U.S. Congress has decided to take.