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How I would love if all the thugs like Limbaugh, Hannity etc get ensnared in this scandal...

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TheCoxwain Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 02:39 PM
Original message
How I would love if all the thugs like Limbaugh, Hannity etc get ensnared in this scandal...
Edited on Wed Nov-12-08 02:40 PM by TheCoxwain
Jailed for Tax Evasion ---- That will be too much fun


$20 Billion in hidden assets on behalf of 20,000 clients - I bet a whole bunch of Pukes are going to get busted .. Sure there will be some dems too - but that is mostly a Puke Crowd.


http://www.nytimes.com/2008/11/13/business/worldbusiness/13ubs.html?hp


SNIP:

Senior Swiss executive at the banking giant UBS has been indicted in a widening criminal investigation of the bank and its offshore private-banking services for wealthy Americans, federal prosecutors said Wednesday.


The executive, Raoul Weil, oversaw UBS’s lucrative cross-border private banking operations from 2002 through 2007.

In a move that could spell bigger trouble down the road for UBS, the indictment also referred to unindicted co-conspirators who “occupied positions of the highest level of management within the Swiss bank.” These individuals, the document said, sat on committees that oversee legal, compliance, tax, risk and other issues. The indictment also referred to unindicted senior bankers and the managers and “desk heads” who oversaw them.

Prosecutors for the United States Attorney’s Office in the Southern District of Florida charged Mr. Weil with a single count of conspiracy, alleging that he allowed American clients to evade taxes by hiding assets overseas in accounts that went undeclared to the Internal Revenue Service.

The Justice Department suspects that UBS, which is based in Zurich and has large operations in the United States, illegally helped up to 20,000 American clients hide $20 billion in secret offshore accounts, thereby evading $300 million a year in taxes from 2000 to 2007.


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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 02:47 PM
Response to Original message
1. I would love to see all of them go to prison. nt
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T Wolf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 03:31 PM
Response to Reply #1
8. I would love to see all of them standing blindfolded against a wall. Jail is too good.
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FSogol Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 02:49 PM
Response to Original message
2. Didn't Repub piggy & McCain Campaign manager, Phil Graham work for UBS? n/t
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blogslut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 02:57 PM
Response to Reply #2
5. Gramm is a Vice-Chairman of UBS
heehee
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FSogol Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 02:58 PM
Response to Reply #5
6. Awesome. I'd love to see his ugly mug behind bars. n/t
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Solomon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 02:52 PM
Response to Original message
3. It's such a patriotic thing NOT to pay taxes don't you know.
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Wickerman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 02:55 PM
Response to Original message
4. There would be a massive ballout
of all those so "duped".
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glowing Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 02:59 PM
Response to Original message
7. Isn't UBS one of those banks sitting in line waiting for a bailout check?
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bunnies Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 03:52 PM
Response to Original message
9. $300 million a year for 7 years = taxes not paid.
Collection time!!! :rofl:
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TheCoxwain Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 04:01 PM
Response to Reply #9
10. That is 2.1 Billion in Unpaid Taxes alone - You will also have interest & penalties AND/OR Jail time
Edited on Wed Nov-12-08 04:01 PM by TheCoxwain
woooooo hooooooooooo
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wroberts189 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 04:28 PM
Response to Original message
11. Obama is not going to like this one bit. Mark me words n/t
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