That's why she was jailed, right? Let the secret slip?
"UBS to pay $780m, open Swiss bank records" by Associated Press | February 19, 2009
WASHINGTON - Banking giant UBS has agreed to pay $780 million and turn over once-secret Swiss banking records to settle allegations it conspired to defraud the US government of taxes owed by big clients.
As part of the deal struck in federal court in Fort Lauderdale, Fla., UBS has made the unprecedented step of agreeing to immediately turn over to the US government account information for US customers of the bank's cross-border business.
I want to know WHO THEY ARE!!!!!!
In doing so, federal authorities have struck a big crack in Switzerland's vaunted bank secrecy laws. UBS will pay $780 million in fines, penalties, interest, and restitution for conspiring to create sham accounts to hide the assets of US clients from the US government....
That's RICHER PATRIOTISM for you! What is sad is I'll bet a lot of them are Jooish.
Prosecutors contend UBS executives used encrypted software and other counter-surveillance techniques to prevent anyone from detecting they were actively marketing such Swiss bank secrecy - and tax evasion - to American taxpayers.
So they ACTIVELY SOUGHT to engage in CRIMINALITY? A BANK? You're kidding, right?
The clients, in turn, filed false tax returns that omitted the income they earned in their Swiss accounts, according to the court papers.
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BERN, Switzerland - Switzerland desperately sought to reassure its citizens and international banking clients yesterday that it would safeguard a treasured tradition of confidential accounts after taking the unprecedented step of revealing over 250 tax cheats to US authorities.
Translation: the ULTRA and GLOBALIST RICH are MORE POWERFUL than GOVERNMENTS or MSM MOUTHPIECES! In fact, those tools are INSTRUMENTS of SERVITUDE!
"Banking secrecy, ladies and gentlemen, remains intact," President Hans-Rudolf Merz told reporters.
Yeah, except for your average Amurkn who can now have the government run a data-mining camp from his/her colon.
His claim, however, failed to convince many critics of a deal struck between Swiss bank UBS AG and the US Department of Justice - which is investigating allegations the bank helped thousands of wealthy American evade taxes.
And the United States stepped up its legal offensive only hours after the agreement, as federal authorities filed another lawsuit in Miami, seeking identities of as many as 52,000 American customers of the bank who hid their accounts in violation of US tax laws.
WHO!?
Merz said Swiss authorities handed over the files on 250 to 300 American clients of UBS who are suspected of committing tax fraud. The transfer took place in the middle of the night in the Swiss capital of Bern, just ahead of a US deadline for Swiss cooperation, he said.
Hoping no one would make a big deal, huh (heck, it's a brief in my paper)?
Analysts said the decision to bypass the courts and give up customers before exhausting all legal options seriously endangers a pillar of the banking industry that helped transform Switzerland into one of the world's richest countries.
Translation: Switzerland is the MONEY-LAUNDERING CAPITOL of the world!
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