The Clintons and the sordid UBS affair

[Red Oak]

The story, as originally recounted by James V. Grimaldi and Rebecca Ballhaus of The Wall Street Journal, was, of itself, deeply troubling. In March 2009, after meeting with Swiss Foreign Minister Micheline Calmy-Rey, then Secretary of State Hillary Clinton intervened with the U.S. Internal Revenue Service (IRS) on behalf of Switzerland's most powerful banking institution, UBS. The IRS, which at that time was seeking the identity of wealthy Americans who had stashed some $20 billion in 52,000 tax evading UBS accounts, then agreed that the Swiss bank need only turn over information on 4,450 accounts. Afterwards, UBS increased its previous $60,000 in donations to the Clinton Foundation ten-fold. By the end of 2014, UBS donations to the Clinton Foundation totaled $600,000. UBS also "paid former President Bill Clinton $1.5 million to participate in a series of question-and-answer sessions with UBS Wealth Management Chief Executive Bob McCann, making UBS his biggest single corporate source of speech income disclosed since he left the White House."

http://thehill.com/blogs/congress-blog/presidential-campaign/272396-the-clintons-and-the-sordid-ubs-affair

[840high]

1. kick

[John Poet]

2. QUID PRO QUO

"The appearance of impropriety" would be an understatement.

[Doctor_J]

3. Like the Bush family, the Clintons are now an organized crime operation

Part of the problem, not the solution

[rhett o rick]

4. The culture of corruption. nm

[stevenleser]

5. Typical of most smears against the Clintons, it uses innuendo instead of proof. Here are the facts

http://www.dailykos.com/story/2015/8/2/1408141/-Setting-the-Record-Straight-on-the-Wall-Street-Journal-Hatchet-Job-of-Hillary-Clinton-Regarding-UBS

The settlement wasn't a favor from Clinton to let the bank off the hook. The settlement was arranged by the Justice Department and the IRS. They signed the agreement. Clinton had the privilege of announcing it during a visit by Switzerland's Foreign Minister.

Once you take that into account, the entire scurrilous suite of accusations against the Clintons here falls to pieces.

[fun n serious]

7. Correct.

This place has become a full on right wing talking point place. IMO.

[Red Oak]

8. and the timing of UBS upping their donations to the Clinton Foundation

by a factor of ten??

Just coincidence?

Bill's "Q&A" worth over a million dollars?

Just coincidence?

Right.

The Clinton's are slimy.

[stevenleser]

11. Becomes completely unremarkable when you realize she didnt architect the deal. nt

[Skwmom]

6. UBS has also been involved in the predatory interest rate swaps that is helping to destroy

local governments.

http://www.globalresearch.ca/wave-of-us-municipal-bankruptcies-caused-by-wall-street-predatory-interest-rates-not-pensions/5364268?print=1

[Gwhittey]

9. Yea well if Sanders is so great

Why is he so broke he has to fly coach, while Hillary is rich and flys on private jet. She is clearly better person cause rich people are better. Sorry for bottom picture but dam media refuses to take better pictures of Hillary getting off her private jet. Media really has bias towards here because they refuse to take picture of her on her private jet because they know it would show she is one of us common people.
?1

[Mufaddal]

10. Don't worry, nothing to see here!