ubs

From The Nation:

Dear American:

I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.

His name is Henry Paulson and he needs your help (via email forward):

Dear American:

I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.

From The Nation, a “letter” from Secretary Paulson in the form of the Nigerian email scam letter.

Via Josh Marshall: someone in the media should ask Sen.

TPM points out that foreign banks like UBS were not originally designated as beneficiaries of the $700 billion to bail out the American finance industry.  Over the weekend, UBS lobbied successfully to be included in the early Christmas gifts.  TPM wants to know how involved McCain advisor and potential Treasury Secretary Phil

Napster has once again hired UBS to seek out a buyer for the troubled company.

Yes, I’m talking to you. OK, I’m not really. But Phil Gramm is. You remember him?

I haven’t written about the IRS in quite a while, but this CNN piece caught my eye. The IRS wants to know how much money American’s are hiding in Swiss bank accounts.

Former Sen. Phil Gramm, called McCain’s econ brain, is co-chair of McCain’s campaign. Gramm, former chair of the Senate Banking Committee opposed President Clinton’s attempt to facilitate tracing of terrorist and criminal money laundering. Since leaving the Senate, the fiercely pro-deregulation Phil Gramm, had been lobbying for Swiss bank UBS this spring [...]

Former Senator Phil Gramm, a general co-chair of Senator John McCain’s campaign, lobbied Congress on behalf of financial giant UBS to try and stop legislation aimed at installing industry regulations that could have prevented the current mortgage foreclosure crisis.
MSNBC:
At the same time he was giving that advice [to McCain], federal disclosure forms reviewed by [...]