Closed and 3000 the number you have just mentioned are still with us. So what is the total number of accounts that we no longer have of the 22,000 . The 18,000 number you mentioned. And if i may add mr. Chairman, we had a Large Population of u. S. Resident clients. I would say 11,000 i believe that had account balances below 1 Million Dollars under Asset Management and they were not even given the option to stay because to move to one of our fully u. S. License broker dealers you needed 1 million is the minimum balance. 18,000 of these did not have the opportunity to prove tax compliance. Mr. Cerutti your u. S. Policy required that swiss accounts open for u. S. Residents be concentrated in a single swiss office we talked about the sla in. Is that correct . It required that it be concentrated. In saln and the other office near the airport those were the 12 that were later merged in 2009. All right and the point was that office was supposed to have a Relationship Managers they got specia
I have to agree with the deputy general, i dont know what i dont know which 106 out of how many . Someone over 300. The third, i would hope that it is true that not every swiss bank engaged in this kind of conduct. So i think about onethird was a remarkable response to the program. Yours in the department of justice has made no explanation whatsoever . We really dont measure . Were at the atc been finalized i believe that narrative glosses over the years of widespread misconduct across the bank. They asserted that they would have turned over the name of account holders but they were prevented from doing so by swiss bank. Secrecy laws. However it appears that fa tc loopholes in the 2009 protocol wont permit u. S. Authorities to give names for accounts close before 2009. This means its highly unlikely the United States will be able to collect much of the loss tax revenues from aliens hidden overseas. I dont buy their narrative. The American People shouldnt darsha the department of justic
Tell us about his brush with death. Reporter the san jose graduate tells me he was trying to build a life. He was pursuing Job Opportunities with his business. I feel lucky. I was laying there about to die. Reporter it really is a miracle he is alive. Back on august 3, he and his girlfriend were headed out, when around 12 30, a robber grabbed her. He said give me all your money. Im like what . And then, i stand up, and hes like, boom, boom. Reporter those booms, gunshots. He thought he was the only one hit, but he was wrong. After he shot me a couple of times, he decided that wasnt enough, so he tried to shoot her too. Reporter while his girlfriend was injured, penn got it worse. Two bullets pierced his knee, one bullet narrowly missed his heart. Fortunately, the bullet went diaphragm, ribs, spine. Reporter he knows his road to recovery will be long. Says he will likely have to walk with a cane, yet he is comforted from the support. The diving instructor receiving cards from his young
A judge also ordered hartman to get a Mental Health exam. Concerns over that breach and another over the past four months is leading to a call for a public hearing to pinpoint exactly whats wrong and how to fix it. David louie covered both incidents. Hes live at the airport. David, the airport director spoke for the first time about the problems today. Reporter and its very significant to be talking to the airport director. All previous requests to talk to her have been turned down. Now we just got word from city hall that september 25th is the date for this public hearing. They intend to look at everything under the magnifying glass from Police Staffing to tsa security to perfect i am it ter security all in an effort to prevent another serious breach. They passed muster but two breaches occurred. A team stowaway hid in the wheel whel of a jetliner and survived a flight to hawaii and then last week a 62yearold woman boarded a flight to l. A. Without a ticket without being stopped by ts
Inaction in the aftermath of the killing of Trayvon Martin, the goal was to ensure that the system worked through the proper process. That the killing of an unarmed 17yearold black child did not go uninvestigated and unprosecuted. So now the first part of that system has played out. The jury has returned a verdict of not guilty, a verdict we must respect. Now we must grapple what that verdict means. We must grieve the reality that no one has been held responsible for the violent lost of someones child. We must confront as generations have done before us the stark realities of race, violence and justice. In just a few moments were going to speak with benjamin crump, the attorney for Trayvon Martins family. As we get started in our coverage this morning the verdict, trial of George Zimmerman i want to bring in craig mel sin who has been covering the trial in sanford, florida. Craig, describe for me, if you will, the scene last night. Last night starkly different from what were seeing now