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Tag: Credit Suisse


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Too Big to Punish

A few months ago, in a press conference about the felony conviction of Credit Suisse, Attorney General Eric Holder said, “This case shows that no financial institution, no matter its size or global reach, is above the law.” Yet, earlier this month, the Obama administration announced its proposal to waive some of the possible sanctions against Credit Suisse.

Posted on Sep 19, 2014 READ MORE



The Way to Stop Corporate Lawbreaking Is to Prosecute the People Who Break the Law

Who’s really to blame when a big corporation breaks the law? The government thinks it’s the corporation itself. Wrong.

Posted on Jun 5, 2014 READ MORE


The Top 40 Threats to Free Speech

This week on Truthdig Radio in association with KPFK: What do sex-obsessed nipplephobes and Director of National Intelligence James Clapper have in common? Also: Why the U.S. won’t give American banks the Credit Suisse treatment, and the logic behind Elizabeth Warren for president.

Posted on May 23, 2014 READ MORE


The Top 40 Threats to Free Speech

This week on Truthdig Radio in association with KPFK: What do sex-obsessed nipplephobes and Director of National Intelligence James Clapper have in common? Also: Why the U.S. won’t give American banks the Credit Suisse treatment, and the logic behind Elizabeth Warren for president.

Posted on May 23, 2014 READ MORE



Credit Suisse Pleads Guilty on U.S. Felony Charge, Gets $2.6 Billion Fine

Credit Suisse pleaded guilty and was fined $2.6 billion for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on U.S. criminal charges.

Posted on May 20, 2014 READ MORE



Prosecutors May Finally Go After Criminal Mega-Banks

The biggest banks pose a challenge for prosecutors.

Posted on Apr 30, 2014 READ MORE



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Swiss Bank Blames Employees for Tax Evasion Scheme

A U.S. Senate subcommittee found that Credit Suisse helped American clients conceal as much as $12 billion from the IRS, but the bank’s CEO, Brady Dougan, said the blame lies with a few employees acting on their own.

Posted on Feb 26, 2014 READ MORE


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