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Argentina's President Javier Milei has pledged support for a U.S. Senate investigation into former Credit Suisse accounts linked to Nazi clients, promising to open archives related to Nazi exfiltration routes. This investigation, which follows a history of concealment by Credit Suisse, aims to uncover the bank's connections to Nazi criminals and ensure justice for victims of Nazi crimes. The final report is anticipated next year, with a focus on preserving documents for future research.
Deutsche Bank has maintained a Buy rating on UnitedHealth Group, setting a price target of $591, following a recommendation for dismissal of a DOJ lawsuit alleging overbilling of Medicare by $2.1 billion. A special master found insufficient evidence against the company, which has a strong financial health score and annual revenues exceeding $400 billion. Analysts remain optimistic, with ratings from Piper Sandler, Bernstein SocGen Group, and Morgan Stanley reflecting confidence in UnitedHealth's long-term prospects despite ongoing scrutiny.
A US Senate committee, led by Chuck Grassley, is investigating Credit Suisse's historical ties to Nazi clients, with support from Argentinian President Javier Milei, who has promised access to crucial documents. The investigation aims to uncover previously concealed evidence and is expected to conclude in 2026, with UBS cooperating fully after its acquisition of Credit Suisse. The focus is on extensive archives containing documents from the 1930s and 1940s, which may reveal connections to individuals who aided Nazis in evading justice.
Elon Musk's Department of Government Efficiency (DOGE) has unveiled significant government waste, including a manual retirement processing operation in a Pennsylvania mine and $20 billion in waste identified by the EPA. Additionally, FEMA's $59 million spent on housing illegal immigrants in luxury hotels has been criticized, while USAID's funding of a $20 million "Sesame Street" project in Iraq raises further concerns about spending priorities.
During a Senate hearing, tensions rose as Senator Sanders pressed Kennedy on healthcare guarantees, while Kennedy deflected and faced criticism for his financial ties to vaccine lawsuits. Meanwhile, Democrats boycotted a meeting to advance Russell Vought's nomination amid concerns over his budget management, and Elon Musk's GSA plans to cut federal leases faced backlash from employees. Additionally, Trump initiated an investigation into NPR and PBS, accusing them of violating federal laws, aligning with his broader agenda to undermine publicly funded media.
An investigation by Senators Chuck Grassley and Sheldon Whitehouse has revealed that around 99 individuals, including senior Nazi officials and members of Nazi-affiliated groups in Argentina, held accounts at Credit Suisse. Grassley condemned the bank's actions as a betrayal to Holocaust survivors and highlighted the ongoing need to combat antisemitism, noting that these affiliations persisted as recently as 2020.
Former US Ambassador Edward McMullen discusses ongoing issues related to Credit Suisse, including allegations of Nazi-era accounts and tax evasion violations. He emphasizes the need for transparency and strong relationships with US authorities, noting that past leadership facilitated smoother resolutions. McMullen expresses confidence in the future of US-Swiss relations under the new administration, despite his absence from the presidential inauguration due to a speech at Davos.
Former U.S. Ambassador Edward McMullen discusses ongoing issues related to Credit Suisse, including allegations of Nazi accounts and tax evasion violations. He emphasizes the need for transparency and strong relationships with U.S. authorities, noting that past leadership facilitated smoother interactions. McMullen expresses confidence in the future of U.S.-Swiss relations under the new administration, despite his absence from the inauguration due to a speech in Davos.
New evidence has surfaced linking Credit Suisse to Nazi accounts, as revealed by the Senate Budget Committee. The findings, which include previously undisclosed documents, have prompted renewed investigations into the bank's historical ties to Nazi financing, with calls for a comprehensive review and preservation of records for future research. UBS, which acquired Credit Suisse, has committed to supporting this thorough investigation.
New evidence has surfaced regarding Nazi-linked accounts at Credit Suisse, now part of UBS, following a Senate Budget Committee investigation prompted by a whistleblower. The inquiry revealed that the bank concealed information about its Nazi ties and has led to the reinstatement of independent ombudsman Neil Barofsky, who is tasked with ensuring a thorough review of the bank's historical records. As the 80th anniversary of Auschwitz approaches, calls for transparency and accountability in uncovering the bank's past dealings with Nazi clients intensify.
Chuck Grassley
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Argentina backs US probe into Credit Suisse's Nazi accounts and history
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