My how times are changing... you might have heard that UBS has agreed to pay $780 million in fines as part of an IRS investigation into the hiding of money offshore to evade taxes.

What rankles me is the suspicion that from late 2002 to 2007, UBS helped wealthy American clients illegally hide $20 billion, evading $300 million a year in taxes. Math time!

That would be 1.5%.

No wonder our country is in such debt.

Views: 79

Comment by Maureen Sharib on February 19, 2009 at 7:49am
Steve, you deserve a special place here on RBC called "Math Time." Talk to Jason abt it.


You need to be a member of RecruitingBlogs to add comments!

Join RecruitingBlogs


All the recruiting news you see here, delivered straight to your inbox.

Just enter your e-mail address below


RecruitingBlogs on Twitter

© 2024   All Rights Reserved   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service