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INdemo

(6,994 posts)
Thu Jan 21, 2016, 06:24 PM Jan 2016

Helps a Bank—and Then It Funnels Millions to the Clintons Hillary

The piece begins by detailing how Clinton helped the global bank.

“A few weeks after Hillary Clinton was sworn in as secretary of state in early 2009, she was summoned to Geneva by her Swiss counterpart to discuss an urgent matter. The Internal Revenue Service was suing UBS AG to get the identities of Americans with secret accounts,” the newspaper reports. “If the case proceeded, Switzerland’s 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 settlement—an unusual intervention by the top U.S. diploma


http://www.theatlantic.com/politics/archive/2015/07/hillary-helps-a-bankand-then-it-pays-bill-15-million-in-speaking-fees/400067




You gotta hand it to this Woman she knows how to make money. going back to the 90's and the commodities trades with thousands earned overnight to the $200,000 a pop for speaking fees from heavies like Goldman Sachs
To getting the IRS off of a Swiss Banks ass...this woman knows.

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Skwmom

(12,685 posts)
2. Doesn't it make you wonder about the people whose names weren't disclosed
Thu Jan 21, 2016, 06:26 PM
Jan 2016

and if "anything" ever came of that?

nc4bo

(17,651 posts)
3. My gawd. That list had to he a virtual
Thu Jan 21, 2016, 07:12 PM
Jan 2016

Who's Who list of some of the most powerful and richest people in the world - real slackers who don't want to pay their fair share like the rest of us dweebs.

I always hoped some hacker would find a way to get in that database and free the data for all to see.

Agschmid

(28,749 posts)
4. The next sentence of the article...
Thu Jan 21, 2016, 07:17 PM
Jan 2016
"UBS ultimately turned over information on 4,450 accounts, a fraction of the 52,000 sought by the IRS.”


So the settlement did give up some information on some of the accounts.

And then of course there is this...

The article adds that “there is no evidence of any link between Mrs. Clinton’s involvement in the case and the bank’s donations to the Bill, Hillary and Chelsea Clinton Foundation, or its hiring of Mr. Clinton.”

Rilgin

(787 posts)
12. There is never evidence of bribery
Thu Jan 21, 2016, 07:48 PM
Jan 2016

I walk up to a politician and hand him a briefcase full of money after he/she has voted to enrich me. There is no tape of our conversation. What conclusive evidence is there of a bribe other than what we have here. There is a public action and an exchange of money. Both the giver and taker can both assert no intention.

It is the last defense of the corrupt that it is difficult to prove a quid pro quo when someone gives a politician money because it requires proving intent of a quid pro quo beyond a reasonable doubt which is an almost impossible standard. Its somewhat like the reason that perjury is rarely prosecuted because ultimately the person says they made a mistake, were wrong, didnt remember correctly and since its internal with no objective standard it becomes impossible to prove.

The answer is that of course its corruption when a business gives a politician with regulatory power over them or the ability to intercede on their behalf with political pressure some money. It is just not provable as a bribe since the criminal standard is beyond a reasonable doubt.

Jarqui

(10,130 posts)
5. I have absolutely no issue with the article assuming it's facts are straight
Thu Jan 21, 2016, 07:18 PM
Jan 2016

like many seem to be when it comes to the Clinton foundation. I've cross checked a few myself.

I arrived at a similar question "With Hillary anticipating running for President, this looks bad or really bad. Why would they do this?" It wasn't a one time thing. They did it again and again.

Bernie probably won't go deep down this road. But we all know what Karl Rove is going to do with it in the general election. Hillary's campaign claims Bernie hasn't been vetted. Wait until the fireworks go off when stuff like this starts to get vetted in the general.

azmom

(5,208 posts)
16. Maybe Sanders doesn't share my opinion.
Thu Jan 21, 2016, 08:05 PM
Jan 2016

But, you did infer correctly. I think there is corruption within our party.

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