Image: US, Swiss ask for delay in UBS secrecy case      (AP)
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US, Swiss ask for delay in UBS secrecy case (AP)

AP - The U.S. and Swiss governments and banking giant UBS AG indicated Sunday they were seeking a settlement and asked a federal judge to delay high-stakes hearings on the Internal Revenue Service's effort to identify thousands of suspected American tax evaders. » Full Story on Yahoo! News

Da big fish always gets away.

posted Jul 12, 2009 |
+26
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Yeah lets give them there millionaire gangsters time to move their assets. Hey it's the American way don't ya know.

posted Jul 12, 2009 |
+22
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abc

NEVER trust the SWISS!!!

They are up to something! I'd bet my last cigarette on it!

posted Jul 12, 2009 |
+10
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abc

Hey Bill

Are you suggesting that the good people of American Business are Gangsters?

At least the Mafia plows it's ill gotten gains back into the country. You know, honest business?

posted Jul 12, 2009 |
+16
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I wonder if that gangster Jew Mr Madoff and family have any hidden assets in that Swiss bank. Perhaps some of those retirees who lost their life savings can get some of their money back.

posted Jul 12, 2009 |
+26
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100 billion is no small change...more than the bailout of AIG or GM. I hate paying taxes as much as the next guy and do everything legally I can to minimize them. But hiding your assests is clearly illegal and the Swiss have been helping people do that since WWII. If they can't abide by our laws here, then the bank should be closed down..I am sure they would do the same to us. Who do the fines benefit?

posted Jul 12, 2009 |
+20
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The Swiss government escalated the dispute last week by threatening to block release of the UBS account names if Gold rules for the IRS.
Well then the USA is just going to have to go and nuke them! $witzerland is a Terrorist Country. I know! My ex was from Zurich, and I lived in Zurich for a year back in 1991-1992. The $wiss are a bunch of hypocritical $limebags! They cannot be trusted. They have alot of people fooled. $witzerland is not now nor have they ever been neutral. That is a bunch of bull. $witzerland helped Adolf Hitler in World War II. I hope and pray to God that $witzerland will be nuked in World War III. Don't mess with the IRS or the American People. We want our money NOW! Americans and people all over the Globe need to galvanize and boycott $witzerland. $atan lives in $witzerland. www.mayorgalvan.com

posted Jul 12, 2009 |
-9
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Zurich is the root of all evil. Organized crime, drugs, crooked governments and wars could not exist without a bag man. Jewish Judge Alan Gold writes books on ones responsibility to his fellow man and the environment. He has a unique opportunity to make the world a better place. I hope he does no squander it for the benefit of the rich and powerful

posted Jul 12, 2009 |
+13
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Lee

I see no excuse for allowing USB and other similar institutions to skirt US tax laws. If US citizens feel they need to hide their money, perhaps they should not be US citizens. Let them take their dirty money and live elsewhere - we don't need them here.

posted Jul 12, 2009 |
+23
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Not everybody with money in a Swiss Account or Caymen account is a tax evader and its wrong to assume they all are, Some people hide money for other reasons, Maybe they married a spouse that they may feel married them for money??? Maybe They have family that would kill to get a hold of their money if they knew how much they had. Maybe you want to protect your money from all of the rediculous estate fights upon your death so that only the person you want to have it will know where its at. Not everyone got thier money and evaded taxes and its wrong to assume so. If you have dual citizenship, you should not have to worry about this either. Big Government was not what out country was founded on. Why cant we audit the fed, they control all of our money but they sure aren't allowing the tax payers to know what they do with it all! Double standard for sure, and that is our money!!!!!!!!!
They cant even account for our stimulous money and they think every one else is crooks?????????

posted Jul 12, 2009 |
+16
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I hope the new administration sets the tone and forces the swiss UBS bank to reveal the American clients. It's time for the rich to be accountable for taxes unpaid and unaccounted for. This is a world wide class war full of priviledges.This is a separate economic war that has been allowed to go on over the ages. It hasn't improved upon the world's hungry, economics or poor. I say, shut them off and clamped down on the Swiss and close their borders. Let them eat their own cheese for the rest of their lives!

posted Jul 12, 2009 |
+9
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NEVER EVER trust a country that won't take a side . These pussy f*** have maintained a position of neutrality for ever and have filled their own pockets in the process . How many accounts there belong to prominent business people involved in this so called stimulous , or are members of this regimes cabinet ??? They are even worse than the french .

posted Jul 12, 2009 |
0
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Maybe if everyone here had to keep their money here , they'd give a s*** about what happened here .

posted Jul 12, 2009 |
+13
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The corporations and wealthy get the red carpet and kid gloves treatment AND many perks and benefits that the majority pay for and cannot deduct....THE wealthy deduct their "legitimate expenses" such as private jets, luxury cars, luxury travel ostensibly for business and training. The executives who make terrible decisions and run their companies and the USA off of a cliff...get golden parachutes that are unearned, unjustified and criminal. Why is this tolerated? Because the USA is not a real democracy...rather it is an oligarchy where the wealthy get special treatment and benefits not available to the masses of sheep who just say baaahhhhh, baaahhhhh, until they are standing on the slaughter house floor and the hammer crushes their simple minds....baaahh!

posted Jul 12, 2009 |
+15
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Hell, the way thing are going here with Obama and his tax threat all of us will be sending out money to the Swiss banks just to keep the demon-crat dirty little hands off of it!

posted Jul 12, 2009 |
+3
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Got to hide some paperwork for the rich and infamous

posted Jul 12, 2009 |
+7
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Why's Obama's administration letting these tax cheats off the hook? Instead, Holder's creating a diversion of going after lawyers who interpreted waterboarding as not torture, & was performed on only 3 terrorists!! PRIORITIES!!! What's more important? Later, when there are less pressing, time-sensitive problems, pursue frivolous lawsuits against PELOSI & those lawyers. For now, GET AFTER THE TAX CHEATS, MR. OBAMA!!! Try & operate legally for once, & get some of your respect back!!

posted Jul 12, 2009 |
+4
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Is the US Govt going after UBS, the Swiss corporation, or
UBS, the American subsidiary?

posted Jul 12, 2009 |
+7
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Everyone knows the Swiss would never do anything illegal. They just make chocolates, smile and say yaa. Why would the current Dictator want to block an IRS investigation? Hmmmm.... Now if this was a Republican President CNN and Rolling Stone would be in a frenzy...but as it is the Dictator in over in a grass hut which serves as a white house in his homeland....and well we can't bust up that little fantasy world he lives in can we.....

posted Jul 12, 2009 |
+6
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I must say this in one CORRUPT administration.

posted Jul 12, 2009 |
+15
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The delay? Hmmm. I just wonder how many politicians have money in those swiss bank accounts. The plot thickens. I know there about 40 million illlegal aliens they can go after for tax evasion right here in the US it would probably be alot easier to prosecute them and their employers.

posted Jul 12, 2009 |
+17
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Put all of the 52,000 in jail with Bernie, Bomb the hell out of Switerland for being a nation of crooks, don't waste time on sanctions. Any one who facilitates crooks, deserve to be labeled a crook, thief and associate of degenerate.

posted Jul 12, 2009 |
-3
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gil

OK, this is the FIRST thing I have agreed with the O'bummer administration on.

posted Jul 12, 2009 |
-3
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tom

Well once again the American Government flexing it's muscles into a foriegn countries affairs. I hope the Swiss tell the U.S. to go !@#$ themselves we are a neutral soverign nation not subject to U.S. gangster threats and tactics. The only reason the IRS want the names of the account holders is so they can take hold of free money and allow the government to continue there wasteful unchecked spending. The dollar is worth less then .66 cents now and falling fast thanks to the Fed Reserve liberal policies.

posted Jul 12, 2009 |
+6
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When there is conflict between Swiss laws and local US laws, UBS should be required to adhered to the local laws since it is conducting business in the US. If UBS and the Swiss gov't. fail to comply, I hope the court / US Gov't will ban UBS from conducting wealth management business in the US. The same set of rules should govern all firms conducting business in the U.S., whether a US registered or foreign registered firm.

posted Jul 12, 2009 |
+8
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All that is necessary is a LARDE donation to the DNC and this all goes away!

posted Jul 12, 2009 |
+7
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I see that no judicial decision has been made to date. Of course not, USB plans to give up "some" identities in exchange for a free pass on the multitude of other accounts they manage. I say the U.S. and the IRS should aggressively pursue criminal actions and sanctions against all parties involved. I am certain that the powers that be in the world banking community hold more sway than any government anywhere including the United States. Therefore I expect no changes whatsoever in "offshore" banking practices. The IRS will take what they are offered and the Federal Government will sit on their proverbial hands.

posted Jul 12, 2009 |
+10
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the i.r.s. already has to much power for an illegal co. don't give them anything

posted Jul 12, 2009 |
+9
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If this deal becomes a reality, Americans will be shocked by the amount of money held in these accounts by the tax evading wealthy in this country! I'm actually shocked by the number of non wealthy Right Wing people in this country who think they are doing themselves a favor by sticking up for these autocrates! They've been getting ripped off by these people for years, and LOVING IT!? AMAZING!

posted Jul 12, 2009 |
-1
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You can thank our ever growing greedier government for this crap.

posted Jul 12, 2009 |
+4
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