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Keyword: secrecy

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  • New UBS CEO sees changes to Swiss banking secrecy

    02/28/2009 12:43:52 PM PST · by NormsRevenge · 14 replies · 450+ views
    AP on Yahoo ^ | 2/28/09 | AP
    ZURICH – The new chief executive of UBS AG says Switzerland should consider changing its banking secrecy laws so they no longer protect suspected tax evaders, according to an interview published Saturday. Oswald Gruebel told twice-weekly newspaper Finanz und Wirtschaft that Switzerland's banking secrecy laws need to be changed in order to ease the political pressure other countries are putting on the small Alpine nation. Germany, Britain and the United States have demanded that Switzerland open itself up to foreign tax investigations. UBS is currently the subject of a major U.S. probe into whether it conspired to defraud the U.S....
  • DoD officials vow secrecy on budget

    02/24/2009 9:44:43 PM PST · by ransomnote · 15 replies · 640+ views | February 19, 2009 | By JOHN T. BENNETT
    Obama's administration is requiring defense officials to sign a pledge that they will not release information about the 2010 budget to anyone outside the government. The article cannot be linked directly because of a copyright complaint. Here is the link:
  • Secrecy of Swiss Bank Accounts to End

    02/19/2009 10:01:44 AM PST · by seven.sixtwo · 15 replies · 805+ views
    FED seeks to remove anonimity of Swiss Bank Accounts In the hush-hush world of Swiss banking, the unthinkable is happening: Secrets are spilling into the open. UBS, the largest Swiss bank, agreed Wednesday to divulge the names of well-heeled Americans whom the authorities suspect of using offshore accounts at the bank to evade taxes. The bank admitted having conspired to defraud the U.S. Internal Revenue Service and agreed to pay $780 million to settle a sweeping U.S. investigation into its activities. It is unclear how many of its clients' names UBS will divulge. U.S. prosecutors have been examining about 19,000...
  • Obama Sneaks Orders, Documents Through, Media Caught Unawares

    02/18/2009 4:35:19 AM PST · by Zakeet · 29 replies · 1,824+ views
    NewsBusters ^ | February 18, 2089 | Warner Todd Huston
    Despite all claims to the contrary, President Obama has not been very vigilant about pursuing that idea of "transparency" he ballyhooed during the recent campaign. Politico reported on a host of documents, proclamations and executive orders that Obama has made in the last month and none of them were on-line. In fact, many were not even released at all to the press by the White House. So, where is the drumbeat of outrage about the "secret presidency" we heard for the last 6 or so years? Remember all the mavens of the Old Media establishment that kept claiming that Bush...
  • California budget talks marked by secrecy

    02/11/2009 2:06:12 PM PST · by americanophile · 11 replies · 529+ views
    L.A. Times ^ | February 11, 2009 | Eric Bailey
    Reporting from Sacramento -- Under the gilded dome of the state Capitol, the Cone of Silence has descended. A veil has been drawn. Secrecy has prevailed as the wizards have labored behind the green curtain to find a way out of California's $42-billion budget hole. Gov. Arnold Schwarzenegger and the top four legislative leaders have again been meeting behind closed doors as California teeters at the brink of fiscal insolvency. Rank-and-file lawmakers, special interest groups and the public have been shut out of the bargaining process. There have been no public hearings, no chance for input -- and that has...
  • Obama pick faces questions over bombers' clemency (Eric Holder - Thursday) Hussein & terrorists?

    01/14/2009 9:20:24 PM PST · by Libloather · 19 replies · 1,091+ views
    Seattle Times ^ | PETE YOST
    Obama pick faces questions over bombers' clemencyBy PETE YOST Associated Press Writer Originally published Wednesday, January 14, 2009 at 2:05 PM WASHINGTON — New York police detective Anthony S. Senft's life changed forever when a bomb set by Puerto Rican separatists exploded, blowing him 15 feet in the air and blinding him in one eye. Now, he's angry that Eric Holder, who played a key role in awarding clemency to the bombers, is in line to be attorney general. Holder, as President Bill Clinton's deputy attorney general, worked closely with the Justice Department's pardon attorney to raise the possibility of...
  • What Do We Really Know about Barack Obama

    12/13/2008 3:56:37 PM PST · by NorthShoreGibby · 35 replies · 1,267+ views
    The Policy Project ^ | 12 December 2008 | Patrick Gibson
    Like a giant oil tanker with a breached hull, the SS Obama is leaving a film of sludge everywhere it goes. Starting with the phony birth certificate all the way up until the arrest of buddy Blago, his history has been one of secrets and obfuscation. We don't know where he was born. Some say Hawaii. Others say Kenya. He refuses to release his birth certificate to clear this up. We don't know who paid for his Ivy League schools. Percy Sutton, former borough president of Manhattan (NYC) says that he facilitated Obama's education by introducing him to Rashid Khalidi....
  • [Oakland] Dellums doesn't know what 'transparency' is

    12/09/2008 1:02:49 PM PST · by CE2949BB · 1 replies · 203+ views
    San Francisco Chronicle ^ | December 9, 2008 | Chip Johnson
    Shhhh. What's the big secret? When it comes to Oakland Mayor Ron Dellums' deliberations on matters of grave importance - they are cloaked in more secrecy than an illegal CIA counterterrorist operation. When Dellums ran for mayor in 2006, he pledged to run a transparent government. Yet at a time when Oakland needs a strong leader to deal with budget cuts and lack of leadership in several key departments, Dellums is missing in action and his decision- making process is one of the best kept secrets in Oakland City Hall. I don't think even the mayor knows what's going on...
  • 'The Economy Fell off the Cliff'

    11/28/2008 8:20:13 AM PST · by jessduntno · 16 replies · 633+ views
    spiegel ^ | 11/24/2008 | Editors
    SPIEGEL: So you support stricter regulation and more efficient control of the markets? Soros: Indeed. However, you have to recognize that regulations will never be completely successful and they will always be full of holes. You must constantly be ready to fill new holes. Actually regulation should be kept to a minimum, but there has to be some cooperation between market participants and authorities -- as was the case in the early postwar years. The Bank of England was a very successful regulator by cooperating with market participants. This cooperative spirit was broken by the market fundamentalists. SPIEGEL: Not in...
  • Swiss fear more pressure on bank secrecy after Obama victory

    11/13/2008 8:01:47 AM PST · by BGHater · 43 replies · 1,205+ views
    AFP ^ | 11 Nov 2008 | AFP
    Switzerland is likely to come under further pressure from the United States over its prized system of banking secrecy after the election last week of Barack Obama, key sector players predicted. The newly-elected US president, who formally takes office in January, is known for his hard line on fiscal evasion, having jointly presented a "Tax Haven Abuse Act" to the Senate back in 2007. Switzerland was one of 34 countries listed as a potential site for tax evasion by US clients in the bill and observers said that while that particular piece of legislation is unlikely to see the light...
  • The Buzz about Barack’s Birth Certificate

    06/10/2008 10:11:40 AM PDT · by Free ThinkerNY · 250 replies · 1,420+ views ^ | June 10, 2008 | Michelle Malkin
    Jim Geraghty takes a look at longstanding blog buzz over Barack Obama’s birth certificate, which the campaign refused to release to the St. Petersburg Times in April: We tried to obtain a copy of Obama’s birth certificate, but his campaign would not release it and the state of Hawaii does not make such records public. Has anyone seen it? Why shouldn’t the record be in the public domain for presidential candidates? Geraghty walks through various rumors now circulating in the wake of the Obama campaign’s birth certificate blackout, including this one: Rumor Three: His mother did not want to name...
  • Editorial: Now TxDOT must act on its promises

    06/06/2008 5:09:58 AM PDT · by Tolerance Sucks Rocks · 6 replies · 168+ views
    The San Antonio Express-News ^ | June 5, 2008 | The San Antonio Express-News
    The Texas Transportation Commission sounded the right notes last month in its first meeting under new leadership. Deirdre Delisi, recently appointed by Gov. Rick Perry to chair the commission, and her fellow commissioners finally seem to have gotten the message — the Texas Department of Transportation has lost the public's trust. For those with short memories, here are a few highlights that explain how that happened: •TxDOT fought to keep details of Perry's proposed Trans-Texas Corridor secret. It denied repeated requests from the media and landowners to let the public view a plan that calls for hundreds of miles of...
  • Trans-Texas Corridor draws 27,000 public comments

    06/04/2008 6:03:26 AM PDT · by Tolerance Sucks Rocks · 11 replies · 276+ views
    Land Line Magazine ^ | June 3, 2008 | David Tanner
    Many in the great state of Texas have a lot to say about a proposed network of toll roads and railway lines known as the Trans-Texas Corridor. The Texas Department of Transportation received more than 27,000 public comments during a three-month comment period on a proposed corridor project called the TTC-69, said TxDOT spokesman Mark Cross. Transportation officials had 47 public hearings in February and March and accepted written comments through April 18 on the environmental and social impact of the corridor. Comments ranged from flat-out opposition to the corridor to suggestions about how to lessen its impact, Cross told...
  • Media's Embargo on "Harry's War" Sparks Debate

    03/01/2008 6:35:34 AM PST · by wildbill · 21 replies · 176+ views
    Reuters via ^ | 2/29/2008 | Luke Baker
    Now the world knows Prince Harry is in Afghanistan, the question on many lips is whether it was right for the media to keep quiet about it for so long.
  • Fla., Ala. and Ga. sign pact for secrecy in water talks

    02/20/2008 9:49:33 AM PST · by BGHater · 15 replies · 108+ views
    AP ^ | 19 Feb 2008 | Ben Evans
    Officials from Alabama, Florida and Georgia signed a confidentiality agreement in January that includes two private utilities and prohibits the parties from disclosing to the public details of the ongoing negotiations over water rights in the region. A Florida seafood industry group says the secrecy deal is illegal and is asking the state's open government commission to throw it out. ``It just fuels suspicion on the part of people down here whose livelihoods depend on this,'' Kevin Begos, executive director of the Franklin County Oyster & Seafood Task Force, said Tuesday. The task force obtained a copy of the agreement...
  • Secrecy Issues Dog Giuliani, Clinton

    12/03/2007 2:21:19 PM PST · by xtinct · 3 replies · 45+ views
    MyWay ^ | 12/03/07 | LIZ SIDOTI
    DES MOINES, Iowa (AP) - Rudy Giuliani and Hillary Rodham Clinton have secrecy issues dogging them. The front-runners in national polls for their parties' nominations both are grappling with disclosure controversies as they seek to succeed President Bush, known as one of the most secretive chief executives in modern history. For the Republican former New York mayor, the primary issue is Giuliani Partners, the consulting business he formed when he left City Hall. He still works for the firm but won't shed light on its business dealings or release a client list. He's not required to; the company is privately...
  • Administration Employs New Secrecy Defense in Lawsuits Over Abramoff's White House Visits

    12/01/2007 4:13:37 PM PST · by BGHater · 3 replies · 83+ views
    AP ^ | 01 Dec 2007 | AP
    The Bush administration is laying out a new secrecy defense in an effort to end a court battle about the White House visits of now-imprisoned lobbyist Jack Abramoff. The administration agreed last year to produce all responsive records about the visits "without redactions or claims of exemption," according to a court order. But in a court filing Friday night, administration lawyers said that sometime in the past year the Secret Service identified a category of highly sensitive documents that might contain information sought in a lawsuit about Abramoff's trips to the White House. The Justice Department declared that the contents...

    11/12/2007 6:35:21 AM PST · by Turret Gunner A20 · 8 replies · 188+ views
    Nealz Nuze/WSB Radio/LA Times ^ | November 12, 2007 | Neal Boortz
    There are hundreds of pages worth of memos and correspondence that involve Hillary's healthcare plan in the early 1990s.,0,4319964.story?page=1&coll=la-home-nation But you will probably never get to see any of this correspondence, because federal government archivists have deemed the material "confidential." It is being withheld under federal law allowing the restriction of "private communications between presidential advisors." Let's take a look at some of the memos: "Positioning ourselves on healthcare." Not available. This is confidential advice. How about, "General targeting strategy." Also not available. So guess who the Clintons are blaming for all of this mysteriously unavailable material? The Government!...
  • How Giuliani tried to control his NYC legacy

    10/27/2007 12:25:14 PM PDT · by calcowgirl · 40 replies · 89+ views
    Chicago Tribune ^ | October 28, 2007 | Andrew Zajac
    Shortly before Rudy Giuliani left the New York mayor's office in 2001, close associates worked out an unprecedented and controversial deal to transfer his mayoral papers from city hall to a private, tax-exempt foundation, the Rudolph W. Giuliani Center for Urban Affairs. Billed as a leadership think tank, the center served as a conduit for Giuliani to copy and archive 2,100 boxes of documents from his time as mayor before returning the originals to the city. That record, which includes the months after the Sept. 11 attacks when he was anointed as "America's mayor," serves as the foundation of Giuliani's...
  • Help wanted: Sound transportation policy

    08/29/2007 7:17:39 PM PDT · by Tolerance Sucks Rocks · 25 replies · 327+ views
    East Texas Review ^ | August 29, 2007 | William Lutz
    The Texas Department of Transportation (TxDOT) says it needs to spend $9 million in taxpayer money to sell its vision of transportation policy to the public. Maybe if TxDOT pursued rational transportation policies, the public support would follow, and it could spend that $9 million building and maintaining roads. Here’s why Texans ought to be concerned. Borrowing carries a price tag. The Texas Constitution has traditionally eschewed deficit spending and required existing revenue to pay for existing spending. Now, the state wants to build most of its roads by borrowing, either publicly or by getting a private firm to agree...