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

[think]

Should it be legal for the spouse of the Secretary of State to take over million dollars from a bank for a Q&A session while the SoS is intervening on behalf of the bank?

Perhaps it was just a huge coincidence. But this type of behavior at the bare minimum gives the appearance of legalized corruption.

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

CONOR FRIEDERSDORF JUL 31, 2015

The Swiss bank UBS is one of the biggest, most powerful financial institutions in the world. As secretary of state, Hillary Clinton intervened to help it out with the IRS. And after that, the Swiss bank paid Bill Clinton $1.5 million for speaking gigs. The Wall Street Journal reported all that and more Thursday in an article that highlights huge conflicts of interest that the Clintons have created in the recent past.

~Snip~

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.” Maybe it’s all a mere coincidence, and when UBS agreed to pay Bill Clinton $1.5 million the relevant decision-maker wasn’t even aware of the vast sum his wife may have saved the bank or the power that she will potentially wield after the 2016 presidential election.

~Snip~

Even Democrats who aren’t concerned about the agenda of Big Finance ought to ask themselves if America is best served by a president and first spouse who care so little about preserving the confidence that the public can reasonably have in the integrity of their actions. They are far from the only members of our elite who’ve put a payday ahead of the common good, but it’s hard to think of a more flagrant example.

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

And this bank was found guilty of rigging international money markets to top it off:

http://www.bloomberg.com/news/articles/2015-06-18/ubs-gave-out-instruction-manual-on-fixing-libor-hayes-said

http://www.reuters.com/article/us-ubs-libor-idUSBRE8BI00020121219

Additional details including donations to the Clinton Foundation:

http://www.theguardian.com/business/2015/jul/30/hillary-clinton-ubs-tax-evasion-settlement-foundation

[artislife]

1. Maybe someone should look into the Clinton Foundation? nt

[xloadiex]

3. I believe they are doing that

https://www.washingtonpost.com/politics/clinton-foundation-received-subpoena-from-state-department-investigators/2016/02/11/ca5125b2-cce4-11e5-88ff-e2d1b4289c2f_story.html

[artislife]

9. Hmm

Investigators with the State Department issued a subpoena to the Bill, Hillary and Chelsea Clinton Foundation last fall seeking documents about the charity’s projects that may have required approval from the federal government during Hillary Clinton’s term as secretary of state, according to people familiar with the subpoena and written correspondence about it.

The subpoena also asked for records related to Huma Abedin, a longtime Clinton aide who for six months in 2012 was employed simultaneously by the State Department, the foundation, Clinton’s personal office, and a private consulting firm with ties to the Clintons.

The full scope and status of the inquiry, conducted by the State Department’s inspector general, were not clear from the material correspondence reviewed by The Washington Post.

[pdsimdars]

13. I wonder how long it takes to get some response

[NWCorona]

12. That should have gotten some huge play

[yourpaljoey]

2. These coincidences are piling up something fierce!

Trouble ahead

[upaloopa]

10. Well maybe some day some one will start a Clinton scandal

that will bring Bill and Hillary down.

So many have tried that it is a cottage industry now.

There money to be made!

What kind of mind spends it's time trying to invent something to destroy somebody else?

[think]

17. Bill got paid $1.5 million to speak to a bank under investigation for conspiring to defraud the U.S.

Perfectly legal under current law but talk about pushing the envelope....

Offshore Tax-Avoidance and IRS Compliance Efforts

Feb. 18, 2009 — UBS AG, Switzerland’s largest bank, entered into a deferred prosecution agreement on charges of conspiring to defraud the United States by impeding the Internal Revenue Service (IRS).

https://www.irs.gov/uac/Offshore-Tax-Avoidance-and-IRS-Compliance-Efforts

[upaloopa]

19. When there is some proof of wrong doing I will be interested

I am not interested in more Clinton scandals.

I remember being in line at a drive through getting my lunch when a very excited guy came on the radio saying that now they have the proof that will drive Bill Clintin out of the White House. That was the Monica thing.

So get in line with your new Clinton scandal and join the millions of other folks who live for the day they bring down Bill and Hillary.

The rest of us will get on with our lives and along with Bill and Hillary do some more good in this world.

[think]

20. It was legal as I stated. But the proof that Bill took the money isn't up for debate. He took it.

And no. It won't land Bill in jail because it was legal.

Still it shouldn't be legal. At the very least and I do mean the very least this has all the appearances of legalized bribery. One would think with all the resources available to the Clintons they would at least try to avoid the appearance of impropriety.

This is the kind of corrupt behavior Democrats use to call the GOP out for. Skirting the law for financial gain. Now some Hillary supporters almost seem to be cheering this behavior on. That's unfortunate...

[upaloopa]

21. I told you I am not interested in your Clinton scandal

[think]

22. That speaks volumes. Thank you. /nt

[upaloopa]

23. Not impressed

Try again

[Peace Patriot]

4. Clinton corruption is mind boggling.

Vote Bernie Sanders - He is not an asshole!

[AzDar]

5. SO corrupt...

[Lizzie Poppet]

6. Oh, but "there's no proof of quid pro quo."

[questionseverything]

14. poor siegleman sits in his cell and did not personally get a nickle

we are living thru "the emperor has no clothes"

[MaggieD]

7. This has been debunked here 1000x times - it's bullshit

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 fact that it continues to be posted here, along with a shit ton of other ridiculous smears on our Democratic nominee is just pure bullshit.

This is a site to support Democrats. Try to be respectful and stop posting bullshit lies about Clinton here. Enough.

[think]

11. Did Bill take $1.5 million from USB or not? If he did then what I posted is true.

Your article changes nothing.

[MaggieD]

15. The story is bullshit

And so fucking typical of the bullshit flung here every single day. That is why no sane person listens to the CDS folks any longer. Seriously- this shit belongs on Free Republic. Not here.

[think]

16. Did Bill Clinton take the money from UBS or not? Can you answer a simple question?

UBS was under investigation for defrauding the US while he took the money.

Offshore Tax-Avoidance and IRS Compliance Efforts

Feb. 18, 2009 — UBS AG, Switzerland’s largest bank, entered into a deferred prosecution agreement on charges of conspiring to defraud the United States by impeding the Internal Revenue Service (IRS).

https://www.irs.gov/uac/Offshore-Tax-Avoidance-and-IRS-Compliance-Efforts

[MisterP]

8. it's like they're DARING us or something

presumably they're hoping that there'll be so many scuzzy controversies that listing them all will sound incongruous with her well-groomed public image, and they can paint critics as the unmedicated black helicopter Vince Foster Mena types

if someone ran up to you and said "UBS Facusse Qaddafi Blumenthal BlackRock Clinton Foundation DWS" it sounds like just another disjointed conspiracist word salad

[think]

18. Indeed. They've pushed the envelope so many times it's become routine for the Clintons....

[CharlotteVale]

24. It stinks to high heaven.