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
Be different. Host thank you both for being here. This is the the communicators president obama sends the 2015 budget report in. The president said he wants to reduce defense spending and also wants to spend additional money on roads and bridges and end a number of Corporate Tax breaks. We will have live coverage at 11 30 a. M. Eastern on cspan. Cspan 2 provided key coverage and booktv. The only Television Network devoted to nonfiction books and authors. Sweeds have been accused of trying to hide the accounts of 22 United States citizens. Carl levin is calling on the Justice Department to hand over the names of those who used the bank at a to alem ledgedly avoid paying taxes. Good morning. The meeting will come to order. The American Public is angry about offshore tax abuse and efforts by americans to evade their Tax Obligations by hiding money offshore. Todays hearing follows up on a meeting this subcommittee held in 2008 when we presented evidence that wellknown banks were deliberate
Bill Clinton Presidency should have been made public a year ago. But they are still under lock and key. Thats according to the website, politico. Some but not all of the papers may soon be released, and that could cause some problems for Hillary Clinton if she runs for president in 2016. Our senior political analyst, ron brownstein, joining us now from culver city, out in the california. Ron, give us an idea of what kind of documents were talking about, what this potentially could mean if Hillary Clinton runs for president. Reporter hi, wolf. First of all, substantively, i have written books using the president ial libraries and the general trend over time is to longer delay and narrow disclosure. Fdr library, lbj library, huge trove material, part of a long standing trend. We dont know what are in the documents. Many confidential advice within the white house. I think politically, this really plays into the broader issue, which is that obviously one of the fulcrum points of the Hillar
Situations working to keep everyone safe. Heres the thing. They say there is major infrastructure damage across anchorage. Major buildings and homes are damaged, many roads and bridges closed. Theyre obviously dealing with a lot of problems there. The schools have asked for parents to pick up their children. We just god word from the Anchorage International airport that the runways are open. They are landing planes but are not allowing people to drive up to and from the airport. So the ramps, the incoming and out going ramps to the airport have been closed. I was texted a picture from a colleague, a person who works for senator murkowski who had seen a tweet about this. Major road damage on Minnesota Drive which is right there next to the international airport, international boulevard, which runs to the airport is damaged as well. So you have Severe Damage to a lot of the roads. I did talk to some people in hotels there. One in a marriott said his shook pretty well, for about a minute,