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2016 Postmortem
In reply to the discussion: Hillary Helped UBS—and Then the Bank Funneled Millions to the Clintons [View all]Octafish
(55,745 posts)6. We must protect the 52,000 US tax avoiders doing business with UBS!
They even paid the whistleblower Bradley Birkenfeld $104 million to shut him up -- after he went to prison for blowing the whistle on...the people avoiding taxes by moving their fortunes offshore to UBS.
Why did the US pay this former Swiss banker $104M?
Eamon Javers CNBC, Thursday, 30 Apr 2015 | 7:10 AM ET
Bradley Birkenfeld was released from federal prison in August 2012 after serving 2½ years for his role as a Swiss banker hiding millions of dollars for wealthy American clients.
Five weeks later, he found himself in the kitchen of a small rental house in Raymond, New Hampshire. At that moment, Birkenfeld was an ex-con. He was out of work, infamous in a famously discreet profession, and probably unemployable as a private banker anywhere.
But then his lawyer walked into the room, carrying a check from the U.S. Treasury to Birkenfeld for $104 millionminus taxes. On the face was a picture of the Statue of Liberty.
It was Birkenfeld's cut as a whistleblower of the massive settlement his former employerthe Swiss bank UBShad paid to the United States government in a settlement for helping Americans dodge taxes. As Birkenfeld signed the check, he was transformed from convicted felon to government-made multimillionaire.
CONTINUED...
http://www.cnbc.com/2015/04/30/why-did-the-us-pay-this-former-swiss-banker-104m.html
Something's seriously wrong somewhere.
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Hillary Helped UBS—and Then the Bank Funneled Millions to the Clintons [View all]
Octafish
Feb 2016
OP
HSBC also stepped up to protect the right of US citizens to offshore their loot, er, fortunes.
Octafish
Feb 2016
#11
The thugs are all over these stories. If you ever wander out of DU to other political discussions
jillan
Feb 2016
#5
From POTUS all the way down to county district supervisors and school board members n/t
arcane1
Feb 2016
#45
Like listening to David Fry (last wacko to give up) at the Bundy game preserve takeover ...
ebayfool
Feb 2016
#63
The translation is pretty easy: It is perfectly OK for Hillary to be corrupt because
LondonReign2
Feb 2016
#54
Me too. If the Democratic Party ever hopes to be competitive we have got to recruit
Enthusiast
Feb 2016
#58
KR - Can we please elect a President who is not corrupt & compromised like the Clintons? nt
99th_Monkey
Feb 2016
#47
Until Ted Cruz, Phorclosure Phil was the most punchable face in corporo-Washington politics.
HughBeaumont
Feb 2016
#49
And Pres Clinton signed it and they both got richer. It's this corruption we are fighting. nm
rhett o rick
Feb 2016
#66
Exactly and while we are trying to lead our lives the Wealthy hire people to fight their
rhett o rick
Feb 2016
#70
Octafish, you & your posts are one of the prime reasons I have stuck to DU over the years!
ebayfool
Feb 2016
#65
I think it's important to note when right-wing Libertarian sources are used at DU...
SidDithers
Feb 2016
#87