Friday, April 5, 2013
13-04-05 Secret off shore bank accounts leaked... let's see how many state, US judges and other officers are on the take...
So far, only a small part of the data was published. Regardless, it is now obvious that senior government officials in Europe were hiding bank accoutns offshore.
One must wonder how many US government officials will be found in such records. To start out, it is hard to believe that judges across the US engage in misconduct in favor of the banks for the banksters' beautiful eyes only. Moreover, both California and US jusges in such cases, who were asked to state on the record (pursuant to the Californai Code of Judicial Ethics), whether they or family members living with them received financial benefits from Bank of America, refused to do so... And forgiveable loans and similar schemes cannot be reasonably handled by the banks for so many judges. It is likely that a more effective, large-scale mechanism was created, such as electronic transfers to offshore accounts.
Last couple of times around, governments were able to stem the data leaks: The UBS AG whistleblower foolishly turned his data over to the US government, expecting to get his False Claims Act reward. Instead, he was swiftly place in federal prison. b) Another whistleblower was prosecuted by the Swiss, for attemtpiung to disclose holders of numbered bank accounts. This time, the gush appears unstoppable.
In 2007, I was trying to figure out the running price in LA for extremely fraudulent approval of sub-prime mortgages by Countrywide. I was told by a very knowledgeable person that the going price was about $ 10,000 for a for a $ 2.0 m loan... The San Raffael Branch Manager, Maria McLaurin, who was involved in such conduct, was approving fraudulent loans to the tune of billions of dollars a year, and was known for her frequent trips to Mexico... It appeared that the underwriters were not getting their piece of the pie, only the branch manager.
In smaller nations, like Israel, Cyprus, they probably still do it the old fashioned way: In the corruption trial of former Israeli Prime Minister Ehud Olmert, it turned out that such bribes were delivered in sealed envelopes to his personal secretary, which transferred the envelopes to his personal attorney (who else...), who kept it in a safe in his office. Olemert had to resign at the onset of the trial. The case is not over yet, but it seems that due to the unique logic of the local justice system, Olmert will not be imprisoned.He has even considered rerunning for office! jz