SIGN IN to access Harper’s Magazine
Need to create a login? Want to change your email address or password? Forgot your password?
1. Sign in to Customer Care using your account number or postal address.
2. Select Email/Password Information.
3. Enter your new information and click on Save My Changes.
Subscribers can find additional help here. Not a subscriber? Subscribe today!
“U.S. tax authorities are expected to ‘very shortly’ launch another prosecution against a foreign bank similar to the tax evasion case they pressed against Switzerland’s UBS,” an Internal Revenue Service (IRS) agent was quoted saying earlier this week. “Linda J. Osuna, IRS Special Agent in Charge of the Tampa Field Office, told Reuters the expected U.S. case against the foreign bank, which she declined to name, would be for ‘the same behavior that got UBS in trouble’.”
Last year, UBS settled two U.S. government lawsuits against it over accusations that it had helped American citizens hide assets held in offshore accounts.
Osuna didn’t name the bank but it is very likely HSBC. That bank’s Political Action Committee has given $137,000 to members of congress in the current election cycle and more than $500,000 during the last election cycle.
Incidentally, well over half of the members of the Senate Banking and House Financial Services Committees received money from HSBC.
More from Ken Silverstein:
Commentary — November 17, 2015, 6:41 pm
The Clintons’ so-called charitable enterprise has served as a vehicle to launder money and to enrich family friends.
Number of tombstones in Tombstone, Arizona:
Electrofishing on the Irrawaddy River deters dolphins from their habit of assisting fishermen.
Trump tweeted that “millions of people” had illegally cast ballots in last month’s presidential election, and the Washington Post identified four cases of voter fraud across the country.
Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!
"It is an interesting and somewhat macabre parlor game to play at a large gathering of one’s acquaintances: to speculate who in a showdown would go Nazi. By now, I think I know. I have gone through the experience many times—in Germany, in Austria, and in France. I have come to know the types: the born Nazis, the Nazis whom democracy itself has created, the certain-to-be fellow-travelers. And I also know those who never, under any conceivable circumstances, would become Nazis."