Wednesday, April 25, 2012

More Immense Hypocrisy From Obama

From The Washington Free Beacon comes an amazing article further showing what a hypocrite Obumbler is.



by Andrew Stiles April 24, 2012


"One of President Obama's largest financial backers is a key executive at the largest Swiss bank in the world, complicating his criticism of presumptive Republican nominee Mitt Romney."

"Wolf has bundled more than $500,000 for the president's reelection, campaign records show. He is but one of many wealthy bankers Obama has turned to in an effort to win a second turn."

"According to campaign reporter John Heilemann, Obama and Wolf first met in December 2006 in a conference room owned by liberal billionaire George Soros, who is currently embroiled in a domestic dispute with his 31-year-old girlfriend."

I love it when Obumbler is directly linked with the progressive Mr. Evil. It just goes to show how interconnected the progressive machine is and confirms that their is a progressive conspiracy to gain more power as Obumbler put it "fundamentally transforming" America.
Poor Georgie embroiled in a domestic dispute with a 31 year old when he is 81 years old by best guesses.
This woman could be his GRANDDAUGHTER for Gods sake.
He is an old perverted dirtbag for even having this relationship and if she is a gold digger it serves him RIGHT.
Back to the article.


"Shortly after Wolf was appointed, UBS admitted to conspiring to defraud the Internal Revenue Service and agreed to pay $780 million to ward off a federal investigations into its activities."

Sounds like UBS got off lightly some estimate they should have paid $1.5 BILLION in penalties, I wonder how much cronyism is involved knowing of Wolf's Obumbler connection?
It is so convenient to have such good friends.


"Wolf's company, UBS, gave an additional $532,000, making it the 15th largest contributor to Obama's to Obama's first presidential run."

"In addition to his prolific efforts as a campaign bundler, Wolf has personally contributed almost $200,000 to Democratic candidates and committees since 2007, including at least $9,100 to Obama and more than $115,000 to the Democratic National Committee."

WOW didn't the Obumbler campaign and others in the demoRat party seek to severely criticize Romney for having a Swiss bank account, which he closed in 2010.
Gee progressive's forget to tell you it's closed though.


"The president's effort to blame the nation's economic woes on abstract forces such as income inequality and the shady machinations of Wall Street bankers has been undercut by controversial campaign decisions - for example, his reversal on anonymous Super PACs, which he once called "a threat to our democracy" - as wel as his increasing reliance on campaign bundlers like Wolf and disgraced Wall Street tycoon Jon Corzine."

Only Obumbler would have the unmitigated gaul to take money form a CROOK.
He has no ethics and is just a corrupt has those he takes money from.
With all the cries demoRats made about Bush and the banksters it would seem that he was in the minor leagues when compared with this bunch of crooks occupying the WH.
The hypocrisy of Obumbler as he lies and demagogues in the PROGRESSIVE MEDIA and NONE of them call him out on it.

For a further investigation of the CRONYISM involved here one only has to go and google UBS to see the amount of corruption and problems UBS has especially in Europe but surprisingly they got off very light here paying $780 million instead of the estimated $1.5 BILLION.

Here are a few of the some of the 3,710,000 results on google.

  1. UBS rogue trader: Investigations focus on fictitious hedges - Telegraph › Finance › News by Sector › Banks and Finance
    Sep 16, 2011 – UBS rogue trader: Investigations focus on fictitious hedges.Investigations into a $2bn (£1.3bn) trading loss at UBS have focused on the use of ...
  2. BREAKINGVIEWS - Five questions the UBS investigations must ... - India
    Sep 19, 2011 – The author is a Reuters Breakingviews columnist. The opinions expressed are his own) By Peter Thal Larsen LONDON (Reuters ...
  3. Litigation & Investigations Lawyer - UBS - Experienced ...
    UBS - Experienced professionals - job boards - Job details ... Description, Litigation &Investigations is a specialist unit reporting to the Global Head of Litigations ...
  4. Reverse Convertible Investigation Involving UBS, Morgan Stanley ...
    Jul 22, 2011 – According to the Investment News, Georgia recently requested information from UBS AG, Morgan Stanley and Ameriprise Financial Inc. in its ...
  5. Swiss Regulator Investigating Possible Cartel Behavior By UBS ...
    Feb 3, 2012 – BERN, Switzerland -- The Swiss Competition Commission said Friday it has launched an investigation into possible cartel behavior by a dozen ...
  6. UBS Faces Formal FSA Investigation After Kweku Adoboli Charges
    Feb 3, 2012 – UBS and some of its senior staff may face fines, public censure or outright bans from working in the City following a decision by the Financial ...
  7. Brad Birkenfeld - Wikipedia, the free encyclopedia
    When UBS's internal investigation found no irregularities, Birkenfeld went to the United States and registered as an IRS whistleblower in June 2007 to expose ...
  8. French court opens investigation into UBS over tax evasion. - swissinfo › › business
    Apr 16, 2012 – A Paris court has opened a judicial investigation into the activities ofUBS in France. The Swiss bank is suspected of helping French clients ...
  9. News for UBS investigations

    1. Ashurst bolsters disputes team with UBS hire

      The Lawyer‎ - 6 hours ago
      Capps, who joined UBS in 2004 and headed litigation and regulatory investigations for Africa, Europe and the Middle East, will join Ashurst's ...
    1. Swiss authorities confirm money-laundering investigation against UBS
      2 days ago – Swiss Attorney General has given legal assistance to Hong Kong authorities in a money-laundering investigation against Malaysian top ...

      1. Litigation & Investigations Lawyer - UBS AG
        Apr 13, 2012 – Litigation & Investigations is a specialist unit reporting to the Global Head of Litigations in the UBS's Corporate Centre.We seek to strengthen ...
      2. UBS Investigated For LIBOR Manipulation | ZeroHedge
        Mar 15, 2011 – About a year ago, when Zero Hedge was nothing but a monocultured, bearish, conspiracy theory-based blog, we wrote a post titled: "Is The ...
      3. UBS Turning Whistleblower in Libor Probe Pressures Rivals ...
        Feb 28, 2012 – The European Union, which raided UBS in October as part of its owninvestigation, hasn't said it if it will grant immunity. The EU typically ...
      4. UBS could 'get slammed' by FSA enforcement investigation -
        Feb 3, 2012 – The FSA announces commencement of its formal investigation that could see UBS 'get slammed', according to one legal expert,Operational ...
      5. Citi, UBS provide keys to widening interest rate-rigging probe ...,_UBS_provide_keys_to_ ...
        Feb 22, 2012 – Details are now emerging from the investigations that suggest the lone trader was at the heart of the alleged improprieties at both UBS and ...
      6. Citi, UBS provide keys to widening interest rate-rigging probe: sources
        Feb 22, 2012 – Citigroup Inc and UBS AG, in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple ...
      7. Special Analytics & Investigations - UBS - Experienced ...
        UBS - Experienced professionals - job boards - Job details ... Title, Specialist Wealth Management - Special Analytics & Investigations. Job Reference # ...
      8. From the SEC's own website recently released.

        SEC Charges UBS Global Asset Management for Pricing Violations in Mutual Fund Portfolios

        Washington, D.C., Jan. 17, 2012 – The Securities and Exchange Commission today charged an investment advisory arm of UBS with failing to properly price securities in three mutual funds that it managed, resulting in a misstatement to investors of the net asset values (NAVs) of those funds. The misconduct was revealed during the course of an SEC examination, minimizing investor harm.
        The SEC’s Enforcement Division began investigating UBS Global Asset Management (UBSGAM) following a referral from SEC examiners who conducted a routine exam of the firm, which is an SEC-registered investment adviser. The SEC’s investigation further determined that during a two-week period, UBSGAM did not follow the mutual funds’ fair valuation procedures in pricing certain illiquid fixed-income securities in the portfolios of the mutual funds.

      9. Will Obumbler intervine on this one for his pal?
      10. Will they get off lightly again paying $780 million instead of the estimated $1.5 billion they should have paid?
      11. Cronyism is alive and well in the Obumbler administration.

    1 comment:

    Gunny G said...

    When his lips are moving, the Kenyan Usurper is lying.