US Politics Mega-thread - Page 9079

On October 29 2017 10:32 Sermokala wrote:
The point is that even if she was the driving force behind the deal somehow theres still no way for it to , in reality world, be bad in any way for her to have done it.

Hillary Clinton intervened to help it out with the IRS. And after that, the Swiss bank paid Bill Clinton $1.5 million for speaking gigs. The Wall Street Journal reported all that and more Thursday in an article that highlights huge conflicts of interest that the Clintons have created in the recent past.

The piece begins by detailing how Clinton helped the global bank.

“A few weeks after Hillary Clinton was sworn in as secretary of state in early 2009, she was summoned to Geneva by her Swiss counterpart to discuss an urgent matter. The Internal Revenue Service was suing UBS AG to get the identities of Americans with secret accounts,” the newspaper reports. “If the case proceeded, Switzerland’s largest bank would face an impossible choice: Violate Swiss secrecy laws by handing over the names, or refuse and face criminal charges in U.S. federal court. Within months, Mrs. Clinton announced a tentative legal settlement—an unusual intervention by the top U.S. diplomat. UBS ultimately turned over information on 4,450 accounts, a fraction of the 52,000 sought by the IRS.”

Then reporters James V. Grimaldi and Rebecca Ballhaus lay out how UBS helped the Clintons. “Total donations by UBS to the Clinton Foundation grew from less than $60,000 through 2008 to a cumulative total of about $600,000 by the end of 2014, according to the foundation and the bank,” they report. “The bank also joined the Clinton Foundation to launch entrepreneurship and inner-city loan programs, through which it lent $32 million. And it paid former president Bill Clinton $1.5 million to participate in a series of question-and-answer sessions with UBS Wealth Management Chief Executive Bob McCann, making UBS his biggest single corporate source of speech income disclosed since he left the White House.”

On October 30 2017 03:15 Introvert wrote:
Wait, has it been reported how much the DNC (or whoever) spent directly or indirectly on the dossier? Maybe I missed it.

On October 30 2017 04:15 xDaunt wrote:

I don't think so. The Hillary campaign and DNC sent $12 million combined to the attorney, but I don't think anyone has gotten the bank records from either the attorney, Fusion GPS, or Steele, so we don't know where that $12 million went. I'd expect most of it to be legit, however.

On October 30 2017 03:15 Introvert wrote:
Wait, has it been reported how much the DNC (or whoever) spent directly or indirectly on the dossier? Maybe I missed it.