Issue 02
UBS BURNS HOLOCAUST DOCUMENTS TO AVOID REPERATIONS!
Wikipedia reports: “In January 1997, Christoph Meili, a night watchman at the Union Bank of Switzerland (a predecessor bank of today's UBS), found employees destroying archives compiled by a subsidiary that had extensive dealings with Nazi Germany, in direct violation of a recent Swiss law (adopted on December 13, 1996) protecting such material. UBS acknowledged that it had ‘made a deplorable mistake’, but maintained that the destroyed archives were unrelated to the Holocaust. Meili was suspended from his job at the security company that served UBS, following a criminal investigation into whether his whistleblowing had violated bank secrecy laws.” B1 This is just sad and reprehensible. What else can be said?
UBS LOOSES IN US COURT ON RETALIATION AND DISCRIMINATION AGAINST WOMEN
Wikipedia reports: “In April 2005, UBS lost the high profile case Zubulake v. UBS (Warburg,217 F.R.D. 309 [S.D.N.Y. 2003] United States District Court Judge Shira A. Scheindlin presiding), a discrimination and retaliation suit. The plaintiff Laura Zubulake, a former institutional equities saleswoman at the company's Stamford office, alleged her manager, Mathew Chapin, had undermined and removed her from professional responsibilities, excluded her from business outings, belittled her to colleagues and generally treated her different from the men on her desk. Also, she alleged that there were several sexist policies in place, such as entertaining clients at strip clubs that made it difficult for women to foster business contacts with clients. An important event in the case was that UBS had not preserved relevant e-mails after the litigation hold had been in place. Because of this, federal judge Shira Scheindlin gave the jury a final ‘adverse inference’ instruction, in part stating, 'The fact that some UBS employees failed to preserve their e-mails after being instructed to do so, and that such e-mails cannot now be produced, is sufficient circumstantial evidence from which you are permitted, but not required, to conclude that the missing evidence was unfavorable to UBS.' The jury found in favor of Zubulake on both claims and awarded $9.1 million in compensatory damages (including back pay and professional damage), and $20.2 million in punitive damages. The case was seen as a landmark in the realms of e-discovery, document retention, computer forensics, and human resources.” B2 We see, yet again, the UBS penchant for destroying documentation despite court orders and Swiss laws against such. This obviously irritated Judge Shira Scheindlin who could have seen this as a rehash of the alleged Holocaust document destruction by UBS.
UBS FLORIDA SENIOR CITIZEN CLIENT QUESTIONABLY PROCESSED IN UTAH COURT ALLEGEDLY BY SOME OF SAME LAWYERS CITED BY NEW YORK FEDERAL JUDGE
In Zubulake v. UBS Warburg, 217 F.R.D. 309 (S.D.N.Y. 2003) United States District Court Judge Shira A. Scheindlin presiding reports: “Determining that the employer (Plaintiff UBS) had willfully deleted relevant emails despite contrary court orders, the court granted the motion for sanctions and also ordered the employer (Plaintiff UBS) to pay costs. The court further noted that defense (Plaintiff UBS) counsel was partly to blame for the document destruction because it had failed in its duty to locate relevant information, to preserve that information, and to timely produce that information. In addressing the role of counsel in litigation generally, the court stated that (Plaintiff UBS) ‘counsel must take affirmative steps to monitor compliance so that all sources of discoverable information are identified and searched.’ Specifically, the court concluded that (Plaintiff UBS) attorneys are obligated to ensure all relevant documents are discovered, retained, and produced. Additionally, the court declared that litigators must guarantee that identified relevant documents are preserved by placing a ‘litigation hold’ on the documents, communicating the need to preserve them, and arranging for safeguarding of relevant archival media.” B3 UBS Florida Senior citizen Client is receiving the same treatment in the UBS 3rd District Court, Salt Lake City, Utah client judicial processing court in the shadow of the Mormon Tabernacle. Local attorneys allegedly call it the UBS slaughterhouse. UBS and its lawyers have allegedly blackened out and otherwise hidden fabricated credit line/mortgage agreement information from the Client and his attorneys. UBS and their lawyers have refused to allow any discovery, especially of IRS relevant documents. UBS New Jersey and Utah lawyers successfully adjudicated a Florida mortgage in the Utah court without a Florida legal license to do such. UBS successfully ignored court submissions of unknown UBS cross border (offshore) numbered UBS Swiss accounts and other crossover accounts. We will be following Florida senior citizens allegedly targeted and harvested by UBS.
UBS AVOIDS US RACIAL DESCRIMINATION LAW SUIT, SOMEHOW
Wikipedia reports: “On October 18, 2005, three African-American employees filed a class action lawsuit against the company in the United States District Court for the Southern District of New York alleging racial discrimination in hiring, promotion and other employment practices. The three plaintiffs … claim that segregation and discrimination in job assignments and compensation were widespread and the firm had done nothing to diversify its workforce. … On April 23, 2007, U.S. District Judge, Peter J. Messitte, granted plaintiff's request to dismiss the class allegations without prejudice.” B4 We do not know which administration appointed Judge Messitte or what his intentions were regarding this case before his court. Granting a summary judgment is unusual and usually means the judge saw no material existing fact.
UBS HELD COMPLISIT IN INDIA STOCK MARKET CRASH
Wikipedia reports: “The Securities and Exchange Board of India (SEBI) alleged that UBS had played a role in the 2004 Black Monday stock market crash … SEBI's ruling of May 17, 2005 barred UBS from issuing or renewing participatory notes for a period of one year. The ban was later lifted on appeal, as a result of a government tribunal ruling on September 9, 2005.” B5 It is obvious UBS is breaking national laws throughout the world. We only see some countries pursuing UBS while others are curiously ambivalent, especially the authoritarian regimes like Saudi Arabia. It is not known how many billions, if any, are hidden at UBS in Switzerland. We doubt the Saud family government will allow citizens under their control to find out.
BRAZIL INVESTIGATES UBS ALLEGED CRIMINAL ACTIVITY
Wikipedia reports: “In an article published by Reuters on Feb 23, 2008, Brazilian public prosecutor Karen Kahn announced that several employees of UBS … were under investigation by federal authorities. In 2007, police arrested 20 people, including bankers at UBS … after the discovery of illegal activities including money laundering, tax evasion, fraudulent banking and operating without a banking license.” B6 These are considered very serious charges against UBS employees, yet again. It is an open secret that UBS has allegedly been soliciting international organized crime elements throughout the world. Money is money!
UBS EMPLOYEES AVOID CONGRESSIONAL SCRUTINY, SOMEHOW
Wikipedia reports: “On March 20, 2003 UBS client, HealthSouth and its founder/CEO Richard M. Scrushy were accused by the U.S. Securities and Exchange Commission (SEC) of an accounting scandal … Three senior bankers at UBS Howard Capek, Benjamin Lorello and William McGahan, all whom had extremely close relationships with HealthSouth's management, all testified for congressional hearings, but none was convicted of any wrongdoing.” B7 We see, yet again, UBS employees let go by Bush administration operatives. We do not know how much money, if any, has been given to bundler lobbyists or other donor schemes by UBS for Washington political operatives.
UBS FINED FOR BREAKING US EMBARGO
Wikipedia reports: “On May 10, 2004 UBS was fined $100 million by the U.S. Federal Reserve for illegally transferring funds from an account set up by the Federal Reserve at UBS to Iran, Cuba and other countries presently under a U.S. trade embargo.” B8 It is bazaar to think that UBS funneled US government money to Iran and Cuba without authorization. Is this some lucrative covert Iran/Contra Bush family replay?
UBS EXECUTIVE DIRECTOR AND OTHER EMPLOYEES CHARGED WITH INSIDER TRADING BY US PROSECUTORS
Wikipedia reports: ‘In an article published in BusinessWeek on February 26, 2007, it was announced that the firm was under investigation by federal prosecutors in the United States after it was discovered that traders working for at least two unidentified hedge funds were paying a UBS employee for information on impending ratings changes on stocks. It was later announced on March 1st, that Mitchel S. Guttenberg, an executive director in the firm's equity research department, was being charged along with 13 other individuals from various firms with insider-trading fraud of more than $15 million.” B9 An executive director is a high position within banking. Such an individual does not make moves unless sanctioned by the highest UBS authority.
FBI PROBES UBS TAX AVOIDANCE SCHEME, IN SWITZERLAND
Wikipedia reports: “It was reported on June 22, 2008 that the US Federal Bureau of Investigation had made a formal request to travel to Switzerland to probe a multi-million-dollar tax evasion case involving UBS. The New York Times reported that the case could involve some 20,000 US citizens. This is reported to be a consequence of information revealed in 2006 by a UBS client at risk of prosecution for US tax evasion.” B10 Under the Bush regime this FBI travel should be considered posturing by Bush political operatives. Under President Obama it will be considered serious since President elect Obama has considered the UBS matters serious. We do not believe anyone within the Obama administration will be willing to take donations or deferred payments from UBS.
US SENATE ACCUSES UBS OF MARKETING TAX EVASION
Wikipedia reports: “On July 17, 2008 the US Senate disclosed that the U.S. loses around $100 billion annually due to offshore tax evasion. The Senate report accused Swiss bank UBS AG and Liechtenstein's LGT Group for allegedly marketing tax-evasion strategies to wealthy Americans. U.S. clients hold about 19,000 accounts at UBS, with an estimated $18 billion to $20 billion in assets, in Switzerland, according to the findings from the Senate probe and Justice Department prosecutors.” B11 The US Senate has to be careful because some of the US tax evaders are extremely powerful and could take revenge. We have had three corroborations of the Bush family alleged offshore in Liechtenstein using the same offshore mechanism as the Saud family. It is said the two families share the same lawyer as keeper-of-the-gate. The Bush family is allegedly said to be moving their offshore money to Uruguay to be close to their Paraguayan hacienda but this matter is to be discussed by others.
IS UBS GIVING UP?
Wikipedia reports: “On May 6th, 2008 UBS announced plans to cut 5,500 jobs by the middle of the next year. … UBS had announced on July 17, 2008, that it would cease providing cross-border private banking services to US-domiciled clients through its non-US regulated units. … UBS, hard hit by the U.S. Subprime mortgage crisis, said it sees loses and writedowns of approximately US19 billion on U.S. real estate and related credit positions.” B12 We know that UBS is rightly afraid of an Obama administration coming to power January 20, 2009. We will assist through our in-depth investigations of UBS. We know many US prosecutors are waiting to earnestly delve into the UBS alleged unpunished crimes committed by UBS.
Letters to the Editor:
Our Saviors:
Alas, you are outing the main culprit of the EVIL EMPIRE. UBS still has the gold teeth of my Holocaust family victims in their Swiss vaults. I am spreading the word in Boca about your investigation. Some of us see they have put a few Jewish employees on UBS brochures but we have seen that tokenism before. Keep up the good work.
Ira from Boca Florida
Dear Readership:
One can readily see an emerging pattern of alleged criminality by UBS, not only within the US but also throughout world. These infractions go unreported in many countries because UBS is allegedly working with the political operatives in control of those countries. President Obama has openly committed himself to properly prosecuting UBS for their blatant disregard of US law. We have also seen UBS run rampant over US taxpayers and UBS employees. Goldman Sachs and other competitors smell UBS blood and are planning large efforts into the UBS wealth management client base.
We will also be watching the horrific example of a targeted, recruited, harvested and now processing of a Florida senior citizen with dementia in the UBS 3rd District Court of Salt Lake City, Utah within the shadow of the Mormon Tabernacle. .
Director@internalrevenue.com