Hafnium

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Thursday, December 31, 2009

Why is there an Asarco A.G. Swiss Bank (Asarco SA, Asarco inc.) and why did our Justice System send the UBS Swiss Bank whistle blower to prison (but not the bankers?)

http://www.reuters.com/article/idUSTRE5BT4DJ20091230

"Bradley Birkenfeld, a 44-year-old U.S. citizen, has been hailed by whistleblower advocates and U.S. prosecutors alike as pivotal to the case against UBS... targeted in a wide probe by U.S. authorities for helping U.S. tax cheats to hide assets in UBS accounts...Birkenfeld seems both angered and stunned by the fact that he is due to enter prison on January 8 for a 40-month term.

Birkenfeld was handed his sentence by a Florida district court judge in August, two days after U.S. and Swiss authorities signed a pact in which Switzerland agreed to reveal the names of about 4,450 wealthy American clients of UBS to U.S. tax investigators.

No other UBS bankers have been jailed in connection with the massive tax fraud case."



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