Friday, February 20, 2009

UBS Gives 300 Names of Possible 52,000 Tax Cheats

The Obama Justice Department got off to a Bush-like start. The $780 million settlement was well short of an estimated $1 billion fine. The big win was release of names, estimated between 250 and 300. This is a drop in the UBS cheater pool of an initial 20,000. The IRS sued UBS alleging the number is closer to 50,000.

UBS Donations

#14 for Obama Presidential campaign--$505,017
#3 for Emanuel Congressional campaigns--$86,100

How many of the tax cheats sit in corporate board rooms? How many served in America's hallowed halls of government at some time in their career? The public will never know, as Obama's "Just Us" Department sealed the settlement.

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