The Bare Bones of Life
UBS Deal Shows Clinton’s Complicated Ties
Donations to family foundation increased after secretary of state’s involvement in tax case
By JAMES V. GRIMALDI and REBECCA BALLHAUS
Updated July 30, 2015 8:27 a.m. ET
A few weeks after Hillary Clinton was sworn in as secretary of state in early 2009, she was summoned to Geneva by her Swiss counterpart to discuss an urgent matter. The Internal Revenue Service was suing UBS AG to get the identities of Americans with secret accounts.
Hillary Helps a Bank—and Then It Funnels Millions to the Clintons
by Conor Friedersdorf
The ATLANTIC (Jul. 31, 2015) — The Wall Street Journal’s eyebrow-raising story of how the presidential candidate and her husband accepted cash from UBS without any regard for the appearance of impropriety that it created.
The Swiss bank UBS is one of the biggest, most powerful financial institutions in the world. As secretary of state, Hillary Clinton intervened to help it out with the IRS. And after that, the Swiss bank paid Bill Clinton $1.5 million for speaking gigs. The Wall Street Journal reported all that and more Thursday in an article that highlights huge conflicts of interest that the Clintons have created in the recent past.
