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Dates: during 2000-2009
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...courtroom in Fort Lauderdale, Fla., to 40 months in a federal penitentiary (to start Jan. 8). Many critics believe the decision to prosecute Birkenfeld, whom some consider the most important whistle-blower in years, sends the worst possible message to other financial-industry insiders who might be considering coming forward. The Government Accountability Project (GAP), a Washington watchdog organization that has extensive whistle-blower experience, says a chilling effect is already apparent: a senior executive at a European bank that offers similar U.S. tax shelters is having second thoughts about going public because of the Birkenfeld case...

Author: /time Magazine | Title: Why Is the UBS Whistle-Blower Headed to Prison? | 10/6/2009 | See Source »

...wonder nobody has ever come forward to blow the whistle on the Swiss banks before - and with this mind-set, the government is guaranteeing that nobody will come forward again and disclose information about tax fraud on this scale," says Dean Zerbe, a tax attorney representing Birkenfeld in his dealings with the IRS. Zerbe also served as tax counsel for the Senate Finance Committee; in 2006 it revised the tax code to include whistle-blower protections...

Author: /time Magazine | Title: Why Is the UBS Whistle-Blower Headed to Prison? | 10/6/2009 | See Source »

...their professional suicide.) There is nothing in whistle-blower-protection statutes that enjoins the government from prosecuting them for any fraud they participated in, but this option, intended for those who masterminded a fraud, is supposed to be balanced with a competing policy to encourage whistle-blowers to come forward...

Author: /time Magazine | Title: Why Is the UBS Whistle-Blower Headed to Prison? | 10/6/2009 | See Source »

...That makes everything easier, pushing each other,” he added. “I’m looking forward to having him back...

Author: By Charlie Cabot, CONTRIBUTING WRITER | Title: ATHLETE OF THE WEEK: Chenoweth Outruns Yale By 24 Seconds | 10/6/2009 | See Source »

...have a couple meets to look forward to every year,” Chenoweth said. “We want to continue the streak as long...

Author: By Charlie Cabot, CONTRIBUTING WRITER | Title: ATHLETE OF THE WEEK: Chenoweth Outruns Yale By 24 Seconds | 10/6/2009 | See Source »

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