Swiss Banks Give Uncle Sam Names

Merry Christmas!

“Swiss banks will probably settle a sweeping U.S. probe of offshore tax evasion by paying billions of dollars and handing over names of thousands of Americans who have secret accounts, according to two people familiar with the matter.”

Uncle Samaclaus has his own list of names. The Lord giveth, and the Lord taketh away! Ho! Ho! Ho!

“The U.S. crackdown against offshore tax evasion has led to charges against UBS AG (UBSN), the largest Swiss bank; at least 21 foreign bankers, advisers and attorneys; and at least 36 U.S. taxpayers. UBS avoided prosecution in 2009 by paying $780 million, admitting it fostered tax evasion and handing over details on 250 secret accounts. It later disclosed another 4,450 accounts.”

Last night I posted the article on Chazen setting up Noble Energy as an offshore company in order not to pay taxes, on Mayor Kitty Piercy’s Facebook. Uncle Samaclaus de…