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Keep an eye on this "Swiss warn UBS bank could collapse"

Submitted by dexterszyd on Mon, 02/01/2010 - 00:46
in

Now this is blow back!

Switzerland's justice minister warned in an interview on Sunday that top bank UBS could collapse if sensitive talks with the United States over a high-profile tax fraud investigation fall through.

"The actions of UBS in the United States are very problematic. Not just because they are punishable but also because they threaten all of the bank's activities," Eveline Widmer-Schlumpf told Le Matin Dimanche newspaper.

http://www.breitbart.com/article.php?id=CNG.44ec3a3581bd2b87...


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meekandmild's picture

A ploy by the IRS

Submitted by meekandmild on Mon, 02/01/2010 - 11:48.

to get Americans to take their assets out of UBS?

It seems that the major risk

Submitted by john2k on Mon, 02/01/2010 - 08:29.

It seems that the major risk for UBS is regarding the potential loss of their license to operate within the U.S.

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Big Time!

Submitted by dexterszyd on Mon, 02/01/2010 - 09:00.

Our arrogant government feels as if they can demand these sort of disclosures at the price of UBS very existence?

My, my, my...

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For Freedom!
The World is my country, all mankind is my brethren, to do good is my religion.

fascinating

Submitted by Gnome DeGuerre on Mon, 02/01/2010 - 02:11.

thanks for posting.

Well, I guess

Submitted by quiltingsando on Mon, 02/01/2010 - 01:30.

it will be a good time to collapse the economy and start a war. Let me guess, a St. Valentine's Day massacre.

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Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Good analogy

Submitted by dexterszyd on Mon, 02/01/2010 - 07:32.

Feb 14 is oh so close...

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For Freedom!
The World is my country, all mankind is my brethren, to do good is my religion.