Yes. Based on the publicly available charging documents and stories that we've heard from our clients, what appears to have happened was this. American law changed in approximately 2000-01, and Americans who had accounts at UBS were approached--in Switzerland, by the way, in the Swiss private banking group--by bankers who essentially told them that the law has changed, and if they, in their accounts, would like to still own stocks in American companies, such to buy Microsoft or Apple, they could not do that individually in an undeclared account. But if they formed a corporation, say a Panama corporation or BVI corporation, or if they created a Liechtenstein foundation, known as a stiftung in some instances, and we made that entity the nominal owner of the assets, then they could purchase whatever assets they want.
So there was, at least as has been reported in the press, a concerted effort made by bankers from UBS to approach their American clients and help them structure their accounts in a way to maintain their undeclared status and give them maximum investment flexibility.