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20. AG Wilmette August 12th, 2009 1:19 pm I am disgusted that the US has agreed to settle with UBS. It would have been far better to have had a full legal trial with forced disclosure, and lengthy prison terms for the so-called financiers.
To my mind, the Swiss bank secrecy laws are one of the most corrupting factors around in the world today, and I would like to see sanctions applied to Switzerland. The evil that this country represents far exceeds North Korea or any of the other "axis of evil" countries.
How can a country where tax evasion is legal have any right to any self respect? Basically, Swiss laws amount to a brazen advertisement to tinpot dictators like the ex-Marcos of the Philippines and to Chief Embezzlement Officers like the ex-Ken Lay of Enron and drug lords that "Hey, come park your stolen money here! No questions asked!" How is this position any different from that of a fence who relies on selling stolen goods for a living? Recommended Recommended by 38 Readers
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