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UBS to hand over names of 4,450 clients to U.S. (IRS to Investigate Them)
Real Clear Markets ^ | August 19, 2009 | Ronald D. Orol

Posted on 08/19/2009 5:41:07 PM PDT by Diana in Wisconsin

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To: al baby

Dad is handling those purchases ;-)


21 posted on 08/19/2009 5:55:36 PM PDT by netmilsmom (Psalm 109:8 - Let his days be few; and let another take his office)
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To: RoadKingSE

I bought silver. And rice, lots of rice.


22 posted on 08/19/2009 5:57:32 PM PDT by netmilsmom (Psalm 109:8 - Let his days be few; and let another take his office)
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To: coydog
There was a time (not all that long ago) when the Swiss would move rapidly and resolutely against foreign attempts to rip open their bank secrecy. No more.

I guess the Fascists have risen to power in Switzerland, too.

I can predict with 100% accuracy that these banks involved will no longer be big players on the world stage. Who will want to bank with them after this?

Also it would appear that the government will, in the not-too-distant future, begin to lose the confidence of the banking community. Turning their backs on a centuries-old tradition will not be met with a warm reception.

Is nothing sacred in these times?

CA....

23 posted on 08/19/2009 5:57:47 PM PDT by Chances Are (Whew! It seems I've at last found that silly grin!)
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To: coydog
So, what’s the worst that could happen if one of these tax havens told the IRS to stuff it? “You’re not getting word one from us or dime one from our clients. Too bad so sad.”

The problem is United Bank of Switzerland (USB). They have a lot of toxic debt and also assets in the US. The US government has threatened in effect to seize their assets. So those ever discrete Swiss bankers are simply saving their own skins and telling their US clients to GGF. An old client of mine always called the Swiss the jackals of Europe. She absolutely detested the Swiss. Perhaps she was right after all.

24 posted on 08/19/2009 5:59:54 PM PDT by stripes1776 ("That if gold rust, what shall iron do?" --Chaucer)
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To: netmilsmom

Oh, just great! Between you and me, there’s going to be a gold-rush run on rolls of nickles now, LOL!


25 posted on 08/19/2009 6:00:03 PM PDT by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: Diana in Wisconsin

I want to see a list, so I can figure out how many are Democratic contributors.


26 posted on 08/19/2009 6:00:41 PM PDT by popdonnelly (Yes, we disagree - no, we won't shut up - no, we won't quit.)
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To: Diana in Wisconsin

http://www.ubs.com/1/e/media_overview/media_emea/search1/search10?newsId=59131

as I recall UBS never actually used it to trade energy....it just kind of dried up and blew away once the court allowed it to be “sold”, very very early into the bankruptcy for next to nothing but future royalties which amounted to nothing....


27 posted on 08/19/2009 6:00:54 PM PDT by Vn_survivor_67-68 (CALL CONGRESSCRITTERS TOLL-FREE @ 1-800-965-4701)
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To: SkyDancer

“I so dearly hopa hopa hopa that there are Dem’s in that group ... big important Dem’s ... Pelosi for one ....”

Do you honestly think that if they are we are going to hear about it?


28 posted on 08/19/2009 6:04:51 PM PDT by Nik Naym (I remember when the United States was a free country. I feel old.)
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To: Diana in Wisconsin

I figure that the clintons have at least a couple of billion in numbered Swiss accounts, from their days in the governor’s mansion, Mena Airport, and the White House. What are the odds that any of it will come out?


29 posted on 08/19/2009 6:06:25 PM PDT by Cicero (Marcus Tullius)
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To: Diana in Wisconsin

LOL!
Shhhhhh, don’t tell anyone else.
You handle WI, I’ll handle MI.


30 posted on 08/19/2009 6:06:54 PM PDT by netmilsmom (Psalm 109:8 - Let his days be few; and let another take his office)
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To: Nik Naym

Depends on what news service ... might hear it from some British paper or maybe, just maybe FOX? Certainly on Rush.


31 posted on 08/19/2009 6:08:03 PM PDT by SkyDancer ('Those who hammer their guns into plows will plow for those who do not..' ~ Thomas Jefferson)
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To: max americana

My thought was why these people did not opt for a smaller private bank in Switzerland.


32 posted on 08/19/2009 6:12:48 PM PDT by MSF BU (++)
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To: Diana in Wisconsin

Maybe not.
It’s illegal to melt them down

As of June 13, 2008, the value of the metal in a United States nickel coin reached $0.06013, an 20.3% premium over its face value.[7] This was due to the rising price of copper and nickel and the decline in value of the United States dollar.[8] In an attempt to avoid losing large quantities of circulating nickels to melting, the United States Mint introduced new interim rules on December 14, 2006 criminalizing the melting and export of cents and nickels. Violators of these rules can be punished with a fine of up to $10,000, five years imprisonment, or both.[9]
(from Wikipedia)


33 posted on 08/19/2009 6:13:32 PM PDT by netmilsmom (Psalm 109:8 - Let his days be few; and let another take his office)
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To: SkyDancer

“Depends on what news service ... might hear it from some British paper or maybe, just maybe FOX? Certainly on Rush.”

And how are they going to find out?

I don’t think the Govt. will release the names. Unless they are well known conservatives or Republicans, of course.

I would bet the ranch that there will be cover ups for the “right” people by the IRS.


34 posted on 08/19/2009 6:20:00 PM PDT by Nik Naym (I remember when the United States was a free country. I feel old.)
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To: MSF BU

4 Swiss banks were specifically named. You are correct there, MSF.


35 posted on 08/19/2009 6:23:08 PM PDT by max americana (i)
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To: al baby
don’t forget brass and lead

As I have posted on this forum many times...

Lead is a hazardous material. It is highly recommended that any and all lead be encased in some other material, such as copper.

36 posted on 08/19/2009 6:23:17 PM PDT by Blackhawk (God said it, I believe it, That settles it.)
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To: Nik Naym

As it’s been said “the truth will out”.... hopefully ....


37 posted on 08/19/2009 6:30:12 PM PDT by SkyDancer ('Those who hammer their guns into plows will plow for those who do not..' ~ Thomas Jefferson)
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To: Diana in Wisconsin

Somebodies did’nt donate quite enough to the “Bamamachine....


38 posted on 08/19/2009 6:37:30 PM PDT by mo
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To: ryan71
Oh, I bet plenty of Libs.

Im thinking the whole Clinton Crime Family, from Chelsea and Roger, to Hugh and Tony Rodham.

39 posted on 08/19/2009 6:39:26 PM PDT by PA-RIVER
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To: al baby

“I don’t see this country surviving more than a couple more years, We had a good run”

Okay, I guess we should all just suicide out now!


40 posted on 08/19/2009 6:46:20 PM PDT by avenir
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