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President Golfing with Facilitator of Tax Evasion

John on August 24, 2009 at 1:27 pm

robert wolf and obamaKudos to Ben Smith at Politico for mentioning the story the rest of the MSM will not touch:

From today’s briefing:

[Obama] played some tennis with the First Lady, is going to hit the links today with Congressman Clyburn, Mr. [Robert] Wolf of UBS, and Marvin Nicholson of the White House.

Wolf is the president of UBS, most recently in the headlines for the ongoing case in which it’s accused of helping wealthy clients evade taxes. Which is to say that this new foundation stuff has its limits.

I wrote a lot more about this story here, just a few days ago. What Ben Smith doesn’t say is that Wolf is not only President of UBS Americas Group, he is also Obama’s biggest campaign bundler. And yet, just last week the IRS Commissioner said on television that UBS “was facilitating tax evasion.” This seems like one of those cases where the media would have some questions if Obama were a Republican.

I wonder what they talked about on the back nine?

Category: Politics |

4 Comments

  1. Mike Licht

    Is former U.S. Senator Phil Gramm still Vice Chairman of the Investment Bank division of UBS?

    See:

    http://notionscapital.wordpress.com/2008/08/14/phil-gramm-aboard-foundering-swiss-bank/

    August 24, 2009 @ 7:38 pm
  2. John

    Mike,

    I don’t know. I read that Gramm was a lobbyist of some kind for them at one point. Not sure how accurate that is.

    But this guy is Obama’s top fundraiser and also the CEO of the company for the hemisphere. He also sits on the board of directors. He’s very near the top. The idea that he wouldn’t have known about — bringing in $20 billion US dollars in just a few years — dollars drawn from his region of responsibility. As CEO, he had to have known.

    August 24, 2009 @ 11:26 pm
  3. Jim

    What did they talk about on the back nine? Since this guy is so good at evasion, maybe Obamanure strategized with him on how this adminstration can evade the reality that unemployment continues to climb (now at 9.7%). Oh, wait a minute….the president already has the MSM in his hip pocket…no need for evasion here.

    Question – At what point will the MSM talk about the unemployment figure on a daily basis? 11%? 13%? We all know that if Bush were in office, this topic would be the lead story on the nightly news and would be on the front page of all the liberal rags in the country. There would be multiple stories of people losing there homes, sleeping in their cars, eating dogfood, etc..

    Question #2 – When will the anti-war groups march on Washington to protest the war in Afhganistan? We’re escalating there, right? Where’s the outrage?

    Interesting, the economy is going to hell in a hand-basket and we are getting more involved in a war that no one has ever been successful in carrrying out. Yet all we hear about is Obamanure’s upcoming address to the nation’s schoolchildren. Rumor has it that he is going to stress individual responsiblity. Will his public policy ever embrace this notion?

    September 7, 2009 @ 10:51 am
  4. MOE

    Everyone at UBS knows what Wolf has been doing for the past couple of years. he had knowledge of everything that went on and kept his millions and his postition by leveraging his relationship with obama. UBS in the greed wants access to Obama so they turned the other cheek while he ( and his best pal Shulman) trashed a great compnay.

    October 12, 2009 @ 11:43 am

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