Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
In reply to the discussion: Guess who works for Phil Gramm at UBS? [View all]Octafish
(55,745 posts)34. Guess whose Foundation is tied to UBS?

From the Small World division of Wealth Management:
After Hillary Clinton helped settle tax case, UBS increased foundation support
Clinton helped the IRS and UBS settle a tax evasion case in 2009 as secretary of state, and since then donations by UBS to the Clinton Foundation have grown
Jana Kasperkevic in New York
The Guardian, July 30, 2015
Hillary Clintons overlap of private and political activities was once again in the spotlight on Thursday after a Wall Street Journal report that since Clinton helped broker a settlement in a legal tax case against UBS while she was secretary of state, the Swiss bank has increased its financial support and involvement in Clinton Foundation projects.
In February 2009, the IRS sued UBS and demanded that it disclose the names of 52,000 possible American tax evaders with secret Swiss bank accounts. In the months that followed thanks to involvement of Clinton as secretary of state and Swiss lawmakers a legal settlement was negotiated. On 19 August 2009, it was announced that UBS would pay no fine and would provide the IRS with information about 4,450 accounts within a year.
Since the deal was struck, disclosures by the foundation and the bank show the donations by UBS to the Clinton Foundation growing from less than $60,000 through 2008 to a cumulative total of about $600,000 by the end of 2014, according to the Wall Street Journal.
The bank also teamed up with the foundation on the Clinton Economic Opportunity Initiative, creating a pilot entrepreneur program through which UBS offered $32m in loans to businesses, the newspaper reported. Other UBS donations to the Clinton Foundation include a $350,000 donation from June 2011 and a $100,000 donation for a charity golf tournament.
Additionally, UBS paid more than $1.5m in speaking fees to Bill Clinton between 2001 and 2014, the newspaper reported.
CONTINUED...
http://www.theguardian.com/business/2015/jul/30/hillary-clinton-ubs-tax-evasion-settlement-foundation
Well. If it's not illegal, it's legal-like.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
55 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations

IT IS... ALL ABOUT THE GD MONEY! Carvilee is A POS Corporatist as Well
CorporatistNation
Apr 2016
#48
Really Scary: UBS received $287 Billion bailout...and Phil Gramm still talks slow.
Octafish
Apr 2016
#24
They're all just one big happy family aren't they? We were so scammed! But not anymore thankfully.
sabrina 1
Apr 2016
#37
Mere mention of its existence brings out anguished (and now paid) cries of ''CONSPIRACY THEORY!''
Octafish
Apr 2016
#42
They are all Cronies Octafish, you know this...Bernie- has a minor in cronyism LOL
snooper2
Apr 2016
#17
Except wrt to the Panama Papers, a lot of us were painfully aware of this back in the day...
2banon
Apr 2016
#18
I like the way your thinking...I want them to feel the Bern...fuckers. Evil! nt
haikugal
Apr 2016
#29