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  #161  
Old 20.03.2012, 23:09
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Re: SNB chief resigns...

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It is alleged by various newspapers that Blocher obtained stolen Bank information & then passed the content of this stolen Bank information in some form to other people.

So far I have not seen any denial; just some attempts to justify these actions.
Of course if it is determined that these actions by Blocher were a crime then a crime is a crime regardless of the reasons?

Whereas another possibly better approach would have been to refuse to see or hear such stolen information & to immediately call a policeman.
As I understand it from the Schweitzerzeit the information passed on by Blocker was to the Swiss President herself, who was also head of the "election authority for the president of the National Bank". Ulrich Schlüer, chief editor of that paper also claims that the issue "stood under strict confidentiality" at the time.
Naturally what the actual truth is may well be something else and also whether it does actually come out with the wash is another matter.
Tomorrow there will be a flood of gossip-like propaganda hitting the news. I'm just wondering whether the US IRS will be following up on this. Remember Hildebrand's wife is a US citizen and I hope she filled in her tax forms correctly.
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  #162  
Old 20.03.2012, 23:22
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Re: SNB chief resigns...

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As I understand it from the Schweitzerzeit the information passed on by Blocker was to the Swiss President herself, who was also head of the "election authority for the president of the National Bank". Ulrich Schlüer, chief editor of that paper also claims that the issue "stood under strict confidentiality" at the time.
Naturally what the actual truth is may well be something else and also whether it does actually come out with the wash is another matter.
Tomorrow there will be a flood of gossip-like propaganda hitting the news. I'm just wondering whether the US IRS will be following up on this. Remember Hildebrand's wife is a US citizen and I hope she filled in her tax forms correctly.

About "As I understand it from the Schweitzerzeit the information passed on by Blocker was to the Swiss President herself, who was also head of the "election authority for the president of the National Bank". Ulrich Schlüer, chief editor of that paper also claims that the issue "stood under strict confidentiality" at the time"

So your post confirms this stolen bank information was passed onto another person by Blocher. So far as I understand this action is a criminal offense in Switzerland?
I do not believe the law makes exceptions with names of influential people that are allowed to do this or receive this information?

I assume the Swiss President is immune from prosecution whereas Blocher is not?

If it is decided that Blocher's activities did not constitute a crime for those reasons then I foresee the Swiss President getting a flood of information from unhappy bank employees. Bank secrecy will be down the toilet.
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  #163  
Old 19.04.2012, 14:39
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Re: SNB chief resigns...

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The good thing about this is that some of the staunchest supporters of the banking secrecy have just invalidated their position.

Plus the likely successor (Jordan) will have no incentive to go easy on the banks.
Well Thomas Jordan was finally appointed this week as SNB chief; poor guy had to wait a long time.
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  #164  
Old 19.04.2012, 14:40
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Re: SNB chief resigns...

Is he married ?
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  #165  
Old 20.04.2012, 02:02
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Re: SNB chief resigns...

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Is he married ?
As you can see here
http://www.snb.ch/de/ifor/media/cvs/...odies_enlarg/3
he is married and has two sons
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  #166  
Old 20.04.2012, 08:28
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Re: SNB chief resigns...

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Is he married ?
The question to ask now is, Is she American?
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  #167  
Old 21.04.2012, 02:00
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Re: SNB chief resigns...

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The question to ask now is, Is she American?

NO, this compilation

Die Familie
Seine Frau Jacqueline lernte Jordan gegen Ende der Schulzeit in Biel kennen, wo er geboren und aufgewachsen ist. Sie war später als Englischlehrerin tätig und arbeitet heute als Fachhochschul-Dozentin für Englisch. Das Paar hat zwei Söhne im Teenageralter, die aufs Gymnasium gehen. Die Familie wohnt am Zürichsee. Er hat zwei Brüder, Andreas Jordan, der bei der Berner Kantonalbank arbeitet, und Peter Jordan, der als Geologe in Baselland tätig ist. Der verstorbene Vater, Peter Jordan, war Oberrichter im Kanton Bern. In seiner Schulzeit spielte Thomas Jordan wettkampfmässig Wasserball, zusammen mit Bruder Andreas.


shows that she is from Biel like her husband, but is active as an English Teacher
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  #168  
Old 21.04.2012, 09:29
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Re: SNB chief resigns...

Thanks for that Wollishofener.
Well at least the Jordan family sounds a bit more 'bodenständiger' than the Hildebrands.
Let's hope that he delivers whatever is right for Switzerland.
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  #169  
Old 21.04.2012, 11:02
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Re: SNB chief resigns...

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Thanks for that Wollishofener.
Well at least the Jordan family sounds a bit more 'bodenständiger' than the Hildebrands.
Let's hope that he delivers whatever is right for Switzerland.
Mr Hildebrand in fact DID deliver what was right for Switzerland. But the Hildebrand family to take obvious use of his SNB knowledge for private business was not appropriate. And I do not want to portray gallery owners as crooks. However, an English teacher is not doing "business".
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  #170  
Old 30.04.2012, 12:23
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Re: SNB chief resigns...

SNB almost 2 billion CHF loss in first quarter 2012

Come back Hildebrand; all is forgiven
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  #171  
Old 01.05.2012, 01:35
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Re: SNB chief resigns...

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About "As I understand it from the Schweitzerzeit the information passed on by Blocker was to the Swiss President herself, who was also head of the "election authority for the president of the National Bank". Ulrich Schlüer, chief editor of that paper also claims that the issue "stood under strict confidentiality" at the time"

So your post confirms this stolen bank information was passed onto another person by Blocher. So far as I understand this action is a criminal offense in Switzerland?
I do not believe the law makes exceptions with names of influential people that are allowed to do this or receive this information?

I assume the Swiss President is immune from prosecution whereas Blocher is not?

If it is decided that Blocher's activities did not constitute a crime for those reasons then I foresee the Swiss President getting a flood of information from unhappy bank employees. Bank secrecy will be down the toilet.
The crime in question was to take over stolen information. Mrs Calmy-Rey did not take the stuff over from Mr Blocher but was just shown it. Add to this that Mr Blocher took the stuff over from the thief
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  #172  
Old 30.05.2012, 09:04
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Re: SNB chief resigns...

Possibly the new SNB chief is up to similar tricks as the old one. The rumour mill is now saying that last Friday's spike in the Euro/CHF exchange rate was caused by insider information being passed on from sources very close to the SNB.
Here we go again....
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  #173  
Old 30.05.2012, 11:01
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Re: SNB chief resigns...

No actually, it wasnt insider information. It was the opposite. The SNB (and Axel Weber!) have gone on a very loud campaign to talk down the Franc.

Jordan said that they will now put together capital controls! So if you are a UK citizen who brings GBP into Switzerland you will be penalized very badly.

They did the same thing in 1966 and 1978. Normally this all adds up to a very very very strong US dollar for the next few years.

http://www.bloomberg.com/news/2012-0...ble-moves.html




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Possibly the new SNB chief is up to similar tricks as the old one. The rumour mill is now saying that last Friday's spike in the Euro/CHF exchange rate was caused by insider information being passed on from sources very close to the SNB.
Here we go again....
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  #174  
Old 13.06.2012, 11:57
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Re: SNB chief resigns...

Hildebrand is now a vice chairman at Black Rock - doing well
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  #175  
Old 15.06.2012, 16:14
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Re: SNB chief resigns...

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Hildebrand is now a vice chairman at Black Rock - doing well
Yes indeed, the rotating doors between State and Industry for the elites are working in Europe, just like in America.
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  #176  
Old 15.06.2012, 16:20
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Re: SNB chief resigns...

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Yes indeed, the rotating doors between State and Industry for the elites are working in Europe, just like in America.
Yeah - he should have tried to run for the SVP instead - they take anybody these days as long as their pockets are deep enough and can nod as and when ordered
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  #177  
Old 15.06.2012, 21:59
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Re: SNB chief resigns...

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Yeah - he should have tried to run for the SVP instead - they take anybody these days as long as their pockets are deep enough and can nod as and when ordered
but he, in spite of being a rich man, has his political sympathies on the left side of politics and the SVP is his arch enemies. Your proposal is like suggesting a gay-marriage of Sherlock Holmes and Professor Moriarty
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  #178  
Old 26.03.2013, 12:37
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Re: SNB chief resigns...

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The crime in question was to take over stolen information. Mrs Calmy-Rey did not take the stuff over from Mr Blocher but was just shown it. Add to this that Mr Blocher took the stuff over from the thief
The stuff that was taken from Blocher during the house search was sealed at Blocher's request as he claimed there were certain issues that did not allow the prosecutor to examine this.

Seems the court decided today that this stuff should be unsealed & made available to the prosecutor; do I hear the distant creaking of cell doors?
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  #179  
Old 26.03.2013, 13:38
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Re: SNB chief resigns...

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The stuff that was taken from Blocher during the house search was sealed at Blocher's request as he claimed there were certain issues that did not allow the prosecutor to examine this.

Seems the court decided today that this stuff should be unsealed & made available to the prosecutor; do I hear the distant creaking of cell doors?
or the doors of an airplane bound for the USA. Already Mr Vasella has gone to the USA
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  #180  
Old 26.03.2013, 16:45
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Re: SNB chief resigns...

Of course, the main culprit in this story need fear no reprisals since he is the darling child of the majority of Switzerland's pol. parties.

Remember laws may be written into books; but they are acted upon by men.
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