Skip to comments.Hillary Clinton’s curious relationship with major Swiss bank draws attention
Posted on 07/30/2015 9:51:30 AM PDT by SeekAndFind
The State Department (which Hillary Clinton used to run and where she still holds significant influence) has been very clear about one thing. There is no relationship between donations to the Clinton Foundation and actions taken by the Secretary of State during her tenure there. Period. Full stop. End of discussion. Perish the thought. You’re all just a bunch of Clinton haters who are trying to stop the ongoing charity work of these wonderful people.
And yet for some strange reason we keep seeing stories like this. Hillary hadn’t even finished unpacking her things in her new office at the State Department after Barack Obama appointed her when a situation was dumped in her lap. The Swiss government was concerned that the IRS was suing UBS AG – one of the biggest banks in Switzerland – to get them to reveal the identities of tens of thousands of clients. (Wall Street Journal)
If the case proceeded, Switzerlands largest bank would face an impossible choice: Violate Swiss secrecy laws by handing over the names, or refuse and face criminal charges in U.S. federal court.
Within months, Mrs. Clinton announced a tentative legal settlementan unusual intervention by the top U.S. diplomat. UBS ultimately turned over information on 4,450 accounts, a fraction of the 52,000 sought by the IRS, an outcome that drew criticism from some lawmakers who wanted a more extensive crackdown.
Well, the Swiss may have gotten off pretty easy, but at least a compromise had been reached, right? Job well done, Mrs. Clinton. Peace is maintained between the US and an influential ally. And now we can all go about our business. Except for one disturbing aspect of the story which cropped up in the following months.
From that point on, UBSs engagement with the Clinton familys charitable organization increased. Total donations by UBS to the Clinton Foundation grew from less than $60,000 through 2008 to a cumulative total of about $600,000 by the end of 2014, according the foundation and the bank.
The bank also joined the Clinton Foundation to launch entrepreneurship and inner-city loan programs, through which it lent $32 million. And it 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.
The WSJ is quick to point out that there is no evidence of any link between these events, but at what point does coincidence become too much to ignore? You’re talking about one of the richest, most powerful financial entities on the planet who, up until Clinton took over at state, had given a grand total of $60K to the foundation. (An amount which likely fell well short of how much USB spent on coffee and donuts during the same period.) And then, in a matter of weeks, the cash spigots opened up and increased tenfold over the next six years. Tens of millions in loans to efforts supported by the foundation were in addition to a direct set of cash deposits into Bill Clinton’s pocket totally $1.5M… not the foundation’s coffers. And if I remember correctly, Bill and Hill were still filing their taxes jointly at the time, weren’t they?
The Swiss bank got a truly sweet deal and millions of dollars flowed immediately thereafter into the accounts of both the Clintons and their foundation. So we are asked to accept that there no causal relationship between these two sets of data points. We can’t prove that there is absent some secret recording turning up, but at what point can the media say that this beggars belief and the empress has no clothes?
SEPARATE BUT SIMILAR?
Here’s a bonus story along the same lines from the Daily Caller. Another big donor to the Clinton Foundation, as well as having close ties to Democrat leadership, is trying to get a woman thrown in jail because she’s been talking to the press about sexual abuse at his hands.
Hansjorg Wyss a foreign billionaire with intimate ties to the United States top Democrats wants authorities to imprison an American woman for speaking publicly about allegations of sexual abuse at his hands.
The revelations first reported by The Daily Caller News Foundation threaten to alienate female voters, a key constituency of the Hillary Clinton campaign.
Wyss is a major donor to The Clinton Foundation, a director at The Center for American Progress, and once paid now-Clinton campaign Chairman John Podesta $87,000.
Jacqueline Long of Aspen, Colorado alleges that Wyss would demand sex, and then later shower her with expensive gifts and contributions to causes she, as a development officer, advised the foundation to support.
It will be fascinating to see if anybody – particularly those with ties to the Clintons – steps in on this guy’s behalf. Read the whole disgusting story at the link.
Irregularities with the Clintons??? Is this really news?? I thought the biggest news in the world is that we are supposed to be outraged about a hunter killing a lion in Zimbabwe???
“I did not have sex with that Swiss boink.”
Seriesly, these stories seem to come out daily re: the Clintons
Interesting figure, that.
$600K just happens to be the amount that NBC paid Chelsea Clinton for her nonexistent services as a journalist.
Federal prison, I hope...............
Then there is ol’ Vince Foster....... bag man
Vince was done in soon after returnin to the USA from his mission to an unnamed Swiss bank
bump to the top
Is this the same Swiss bank to which Vince Foster made the Clintons’ bag runs?
Our so called leadership is in fact the criminal element of our society. I say again that normal political methods will no longer suffice to control these people.
Hillary Clintons curious relationship with major Swiss bank draws attention
Check out article, #10 and #11.
Vince Foster would fly RT to London, then purchase a RT ticket to Switzerland and back to London. This action was to (hopefully) conceal his side trip to Switzerland.
The media knew and eventually the story leaked out. He died soon after it was publicized.
Can we find the original article?
I guess not : )
(SOURCE 6/11/15 NY POST) In 2011, longtime Clinton confidant, Doug Band joined the fledgling Teneo company ......and recruited Bill Clinton to be a member of the advisory board.
Teneo was promoted as a dual-track company with one side devoted to merchant and investment banking and the other side set up to provide image and strategy consulting services.
Teneo clients paid staggering monthly retainers up to $250,000 and reportedly were "encouraged" to give to the Clinton Foundation. In turn, foundation donors were encouraged to use the services of Teneo.
Teneo Clients included Bank of America, Dow Chemical, UBS Wealth Management and Coca-Cola.
The idea for Teneo was to have Fortune 400 companies pay large monthly stipends in exchange for access to Band, Clinton and their massive international network.
The group would consult with the companies, offer strategic advice and help them overcome issues in various countries across the globe, David Halper wrote in Clinton Inc.
But a former Teneo employee told Halper that what the clients really got was nothing, other than an implicit promise of access to Clinton.....and to his wife at the State Dept.
Clinton was the key to Teneos success. The companies paid b/c they needed access to the ex-president, a source told Halper. It was he who Teneo was selling to their corporate clients.
Or, more precisely, it was their proximity to power ex-President Clinton, and his wife, who was then secretary of state and their Rolodexes, which were a natural extension of the work they had done over the years for the Clintons.
In exchange for access, Bill Clinton was given a contract with Teneo worth $3.5 million, Halper said. It is unclear, however, how much Clinton was actually paid.
A short time later Hillary's top aide was given a special deal --- Huma Abedin worked for the US State Dept and as a consultant----Teneo was one of her clients.
NOTE: When L/E investigated the Orgy Island case involving underage prostirutes, they invovered Doug Band And Bill CLinton listed/ 21 phone nos and email addresses.
L/E recognizes multiple phone nos as the MO for money laundering and tax evasion......perhaps mail fraud.
In another infamous Teneo deal, Bill Clinton pocketed $50,000 a month from Jon Corzine's hedge fund....which misplaced $1.3 Billion client funds.
Then-US Sen Clinton and Sen Corzine.
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Pure, unadulterated criminals. These subhuman malignancies should be in prison for a very, very long time. We live in an insane asylum, however. Some actually worship these degenerates.