Well, Well, A Bright Shining Light in Banking Troubles

This is a Good one, and what with the way our so called Capitalist Economy has been running for years now, I'm gonna enjoy reading this list, Really Enjoy!

Super Rich Tax Cheats Outed by Bank Clerk
Technician in Liechtenstein Turns Over Names of Americans With Secret Bank Accounts

What we could do with a few more honest disgruntled bank employee's

Hundreds of super-rich American tax cheats have, in effect, turned themselves in to the IRS after a bank computer technician in the tiny European country of Liechtenstein came forward with the names of US citizens who had set up secret accounts there, according to Washington lawyers investigating the scheme.

Back Taxes Repay and Triple The Amount, than Fine them as well!

Liechtenstein's veil of secrecy was pierced five years ago when the disgruntled technician, Kieber, downloaded the names of foreign citizens connected to the secret accounts.

Kieber reportedly sold three CD's full of names and data to tax authorities to 12 countries including Germany, Great Britain, France, Italy and the United States.

Tax authorities in Italy published the full list of names.

Could we the People finally see what this 'Trickle Down Economics' really is, but not as laid forth by the believers?

The names of the US citizens are now in the hands of the IRS and Senate investigators.

I'll just bet many of those believers are on the list, and probably lead the pack!

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Three CDs full of names...this is great.

Thanks Jim for linking to this great ABC report by Brian Ross and Rhonda Schwartz!

But it hadn't been around since he first did it, when I just saw it at ABC I got a nice Smile, Blombergs apparently got abit about as well.

This is more from ABC:

He is now in hiding but scheduled to testify to the Senate's Permanent Subcommittee on Investigations Thursday via a video statement from a secret location, according to Congressional investigators.

Aides for committee chairman Carl Levin (D-MI) are scheduled to provide reporters with a background briefing later this morning in Washington on the committee's investigation of tax haven banks in Liechtenstein and Switzerland.

Watch for Thurdays Senate C-Span Coverage.

McCain Uses POW Status as Sword & Shield

"The wise man points to the stars and the fool sees only the finger - and discusses it 24/7 on cable."

get a hold of the whole list?

A few over at KOS are lookin, I'm gonna see later if I can find something as to this mornings information release, haven't seen anything yet, and see as I'm not to busy, lack of work, will see if C-Span televises the hearing thursday.

One over at KOS mentioned trying to find an Italian Blogger!

McCain Uses POW Status as Sword & Shield

"The wise man points to the stars and the fool sees only the finger - and discusses it 24/7 on cable."

How many politicians are on the list? I'll go with 3 prominent names and/or their spouses.

in accounts bearing the name of "Kenneth Lay", should they exist!

He may have preferred the Cayman Islands, I'd guess ;-)

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"I hope we shall crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government in a trial of strength, and bid defiance to the laws of our country." - Thomas Jefferson

Apparently this guy has been selling different lists to various governments. The Italian list only has Italians on it as far as I know. Here's the link:

http://portugalresident.com/portugalresident/showstory.asp?ID=26134

I just got my heating oil contract today. A not to exceed $5.799 a gallon. Crimmey... I am going to dig it out, but I am sure that this is at least a two fold increase from last year.

I am not forgiving of tax cheats right now.

here:

The investigation goes back to 2006, when German intelligence services paid nearly €5 million for confidential banking data to an informant, apparently a former employee of the Liechtenstein bank LGT Group.

might be?

Figure you might be the man in the know.

They're going after him as a Thief!

And he may be of Criminal mind just trying to make a huge buck off of the lists, and not just a concerned human!

If that be the case than What Does It Say About Those Hiding Their Wealth!

Seems than he's just Playing the Game they Started!!!!!!!!!

McCain Uses POW Status as Sword & Shield

"The wise man points to the stars and the fool sees only the finger - and discusses it 24/7 on cable."

Interesting side note from your linked article:

A former UBS private banker, Bradley Birkenfeld, has agreed to a plea deal and is reported to be cooperating with US authorities in bring charges against American citizens on tax evasion charges.

UBS is still Phil Gramm's gig, isn't it?

Gramm is a vice-chairman of UBS Investment Bank.

And we all know about McCain's lobbying troubles because of Gramm:

U.S. Sen. John McCain's presidential campaign faces questions regarding a top economic adviser's work for Swiss banking giant UBS Warburg.

Economist and former U.S. Sen. Phil Gramm is vice chairman of UBS Investment Bank and has lobbied Congress on the company's behalf.

UBS has been hit hard by the U.S. housing and mortgage meltdowns.

Smoke >>>> Fire? Might be worth fanning the flames a little?

It would be interesting if Cindy's (or one of her trusts') name was on that list, eh?

It must be the Northeastern weather or something, but I also wondered who all among the candidates we'd find included in that list.