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UBS Clients Seek Amnesty, Rangel Tax Issue, Pardon Resurfaces for Holder

POSTED: 10:14 AM ET, 11/24/2008 by Chris Matthews

Good morning and welcome to Monday's Daily Read. Feel free to leave comments and please let us know if we missed anything.

UBS Clients Seek Tax Amnesty » Wealthy clients of Swiss bank UBS AG are coming forward to make amends with tax authorities, a sign that U.S. efforts to battle offshore tax evasion and dent Switzerland's bank secrecy are having the desired effect. — Wall Street Journal

Millions Spent on Never-Reviewed Drugs » Taxpayers have shelled out at least $200 million since 2004 for medications that have never been reviewed by the government for safety and effectiveness but are still covered under Medicaid. — Associated Press

Another Tax Issue Surfaces for Rangel » Rep. Charles Rangel took a "homestead" tax break on a Washington, DC, house for years while simultaneously occupying multiple rent-stabilized apartments in New York City, possibly violating laws and regulations in both cases.— New York Post

Rich Pardon Resurfaces for Holder » Eric Holder, President-elect Barack Obama's likely nominee for attorney general, will face a new round of congressional hearings over his role in President Clinton's pardon of Marc Rich if he is selected. — Wall Street Journal

Major Hospital Chain Puts Patients at Risk » Lapses in care at Psychiatric Solutions Inc., a major hospital chain with high earnings, have put patients at risk, including some who have died. — ProPublica/Los Angeles Times

Surprise Motive in Japan Killings» The motive behind stabbings last week that killed a former Japanese health minister and his wife appears to be anger over a long-dead dog. — Washington Post

British Politicians Seek Answers in CIA Terror Suspect Killing» Britain's intelligence services appear to have been kept in the dark about Saturday's U.S. missile attack on a house in northwest Pakistan that reportedly killed Rashid Rauf, a top al-Qaeda suspect and British citizen. — Times

By Chris Matthews |  November 24, 2008; 10:14 AM ET The Daily Read
Previous: Plea for a Pardon: The Hunt For a Free Pass | Next: More Questions in Case of Ex-Alabama Governor


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