How CIBC keeps money from the taxman- Offshore accounting

National Post ^ | February 23, 2002 | Derek DeCloet

[Bayou City]

If I remember right, there were two or three Global Crossing board members representing CIBC, they also worked with Winnick and Milken at Drexel, Lambert. Folks, this is a huge insider trading scam.

[Bayou City]

Ping!

[Ernest_at_the_Beach]

GlobalCrossing :

To find all articles tagged or indexed using GlobalCrossing , click below:
	click here >>>	GlobalCrossing	<<< click here
(To view all FR Bump Lists, click here)

[meenie]

With all the wealth from commerce and production in the Carribean, NOT, it sounds like CIBC is a pretty good money laundering operation.

[Grampa Dave]

BC thanks for the post.

Shermy fyi. More for your files re the potential evils of off shore banking.

[d14truth]

I going to have to do some digging, but my memory tells me that CIBC is where the BCCI folks set up shop after being slipping out of the 'Congressional investigation'(Kerry/Brown-1992) here in the US.

[d14truth]

CIBC Chief Risk Officer Robert Mark Interview

BCCI revisited by our neighbors to the north, hey?

[d14truth]

CIBC

Nothing on the surface, but I still think I'll find the connection to BCCI eventually, besides Adnan Khashoggi/Bermuda.

[Liz]

Is there some "insider trading"?

Seems that's all these people know how to do.......couldn't
play it straight if their lives depended on it........{{{{barf}}}}

[Wolfie]

One word: Banamex.

[B4Ranch]

One word; GREED

[d14truth]

Good pickup on the Husky Oil and CIBC. I saw the 95% Chinese ownership somewhere else as well, but hadn't picked up on the CIBC 5%.

[Grampa Dave]

Thanks for your research and posting this latest thread.

Is Canada investigating CIBC?

Have they sent their Mounties out to find and arrest the criminals involved?

Or is CIBC a protected corporation in Canada like Global Crossing was during X42's term?

[Grampa Dave]

Kudos to both of you for your diligence in digging and exposing the trash on this emerging snake pit!

The skills, knowledge and tenacity of Freepers is awesome.

This is why we all need to support Free Republic on a monthly basis/pledge to keep it strong and vibrant!

Would any of us even know about this mess if not for the skill of Freepers in finding this mess and posting their results on FR?

[Bayou City]

Good find!

[mafree]

Bump

[aristeides]

What do you make of this scam?

[NativeNewYorker]

Something's fishy, obviously.

I can't imagine how an "investment" in Global reaped that much profit for CIBC.

One missing piece is CIBC's ownership of the old Oppenheimer investment/brokerage house. Another is any kinks in the Canadian tax code.

[headsonpikes]

"...is CIBC a protected corporation..."

Gramps, you don't know what a protected corporation is until you acquaint yourself with the Canadian Big-6 Banks.

Think of Greenspan's Fed without the accountability. ;^)