June 29th, 2009
The official line is that the Justice Department won’t drop its case against Swiss banking giant UBS. But that’s not what The New York Times is reporting. My hope is that Justice will stick to its guns. But my gut tells me the Times will turn out to be right.
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June 29th, 2009
Martin Sullivan at Tax Analysts has pointed out critical factors impacting the political will to pursue, or to drop, the US Department of Justice case against UBS. In his article "News Analysis: Switzerland, Guantanamo, and Tax Evasion", Marty states his hope that "Justice will stick to its guns", yet adds:
"It makes so much political sense to appease the Swiss. The Swiss government announced in January that it would be willing to take some Guantanamo prisoners off U.S. hands -- providing much-needed relief for one of the superpower's biggest foreign policy headaches. The United States calls...
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