Event:
Credit Suisse has pled guilty to criminal charges of assisting U.S. customers in tax fraud and evasion; however, the Swiss government will not allow the bank to cooperate with the U.S. government's request for the names of those customers
More Notable Events on May 20:
1992 India launches its 1st satellite independently
1989 China declares martial law in Beijing
1954 Chiang Kai-shek becomes president of Nationalist China
1940 Igor Sikorsky unveils his helicopter invention
1932 Amelia Earhart leaves Newfoundland 1st woman fly solo across Atlantic
