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In reply to the discussion: Is Mitt Romney Trying to Avoid Having to Admit to Massive Tax Fraud? [View all]Octafish
(55,745 posts)"Well, you can see that the DOj has once again screwed up this international banking scandal. The 'Amnesty Program' was a blatant indication to cover for the politically connected and wealthy individuals. Now, the DPA and John Doe summons was a joke - 4,450 names out of 52,000 (less than 10%) and now it seems that they will not even get those. The fine of $780 mm was also a joke given UBS made $200 million a year for the 8 year period in question (2000-2007). I guess the US taxpayer gets screwed again (by a foreign bank) when it is in fact the banks that got us in this mess and people are losing their homes and paying outrageous credit card debit interest. Maybe we should look at all the political contributions from UBS to US politicians - I know this is huge. Just look at the recent Supreme Court ruling to continue this pattern of conduct." -- UBS whistleblower Bradley Birkenfeld, from somewhere in the Federal Penitentiary System
SOURCE: http://articles.businessinsider.com/2010-01-27/law_review/30033648_1_bradley-birkenfeld-ubs-banker-international-banking