Russ Baker on President Obama… & His Pack of Wolves? by Sibel Edmonds

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by Sibel Edmonds
Featured Writer
Dandelion Salad
originally published by Boiling Frogs Post
19 April, 2010

“A Swiss Bank, A President, And The Permanent Government

Here is a recent damning piece by Russ Baker on President Obama, his cozy relationship with Robert Wolf, Chairman and CEO, UBS Group Americas, and a stench and implications that go way beyond this relationship:

Last August, the presidential press corps followed Barack Obama and his family to Martha’s Vineyard for their brief vacation. The coverage focused on summery fare—a visit to an ice cream parlor, the books the president had brought along. Nearly everyone mentioned his few rounds of golf, including his swing, and the enthusiasm of onlookers. What caught my eye, though, was the makeup of his foursome. The president was joined by an old friend from Chicago; a young aide; and Robert Wolf, Chairman and CEO, UBS Group Americas. In a decidedly incurious piece, a New York Times reporter made light of Wolf’s presence:
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As Obama Golfs with UBS CEO Days After Firm Avoids Criminal Prosecution

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Democracy Now!
August 27, 2009

As Obama Golfs with UBS CEO Days After Firm Avoids Criminal Prosecution, UBS Whistleblower Given 40-Month Jail Term

On the first day of his vacation in Martha’s Vineyard, President Obama spent five hours golfing with UBS executive Robert Wolf, an early financial backer of Obama’s presidential campaign. As the pair teed off, another UBS banker, Bradley Birkenfeld, had just been handed a forty-month prison sentence after pleading guilty to assisting a client evade taxes. It was the first sentence in a wider scandal that has seen UBS admit to helping wealthy Americans dodge their tax obligations. On his own initiative, Birkenfeld blew the whistle on UBS. His disclosure and cooperation with US authorities provided inside information into the bank’s conduct and sparked the massive federal investigation.

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