Are Americans abroad becoming financial pariahs?

The Business Times of Singapore reported on Sept. 2 that that US tax investigators have set up an office in Hong Kong and are in Singapore to set up one here “as they tighten the noose around US citizens and Asian green card holders. . . as part of increasing scrutiny of Asia-based financial institutions and individuals for tax evasion.” The article added that many financial institutions are dealing with this by simply refusing to deal with American citizens.