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In Which We Learn That The CIA Was Instrumental In Breaking The Swiss Bank Secrecy Code

Tyler Durden's picture


Hidden in the Edward Snowden story is this gem exposing just how it was that the story of Swiss bank secrecy was broken. Guess who was at the bottom? None other than the US Central Intelligence Agency. We are confident any US citizens who recently have had to shut down their Zurich, Geneva, Bern, Zug or Lugano bank accounts at a sizable loss of course, not to mention countless Swiss bankers currently facing prosecution, as well as various Swiss citizens will find it all quite fascinating.

By 2007, the CIA stationed him with diplomatic cover in Geneva, Switzerland. His responsibility for maintaining computer network security meant he had clearance to access a wide array of classified documents.


That access, along with the almost three years he spent around CIA officers, led him to begin seriously questioning the rightness of what he saw.


He described as formative an incident in which he claimed CIA operatives were attempting to recruit a Swiss banker to obtain secret banking information. Snowden said they achieved this by purposely getting the banker drunk and encouraging him to drive home in his car. When the banker was arrested for drunk driving, the undercover agent seeking to befriend him offered to help, and a bond was formed that led to successful recruitment.

Nasturally, that was the covert way of confiscating deposits. The less covert way was recently exposed in Cyprus. In the future, look for synergies between the two.


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Sun, 06/09/2013 - 16:21 | 3639681 kato
kato's picture

the other side of this coin is the report that we have allowed our military secrets to be stolen: on the one hand, massive effort to spy on citizens; on the other, disasterous - DISASTEROUS - lack of attention to security details at the highest level (except Mrs. Obama's phone cannot be hacked, they made sure of that). grim.

Sun, 06/09/2013 - 16:31 | 3639718 espirit
espirit's picture

Barracudas trapped in a tidal pool will soon feed upon each other.

Sun, 06/09/2013 - 16:28 | 3639720 SimMaker
SimMaker's picture

"(except Mrs. Obama's phone cannot be hacked, they made sure of that). "


Yeah, and if Obama believes that, he is full retard.

Sun, 06/09/2013 - 16:43 | 3639794 DeadFred
DeadFred's picture

CIA and NSA agents who decide to break secrecy always set my BS alarm going on full volume. It could happen but... nah, it's BS. Why is the CIA outing these programs is what you should be asking yourself.

Sun, 06/09/2013 - 17:23 | 3639961 nmewn
nmewn's picture

Well the thought has crossed my mind...and Seer's and a few others.

Whats underneath and surrounding Benghazi must be pretty damned bad.

Sun, 06/09/2013 - 18:49 | 3640261 DoChenRollingBearing
DoChenRollingBearing's picture

Now you have me wondering as well...

Sun, 06/09/2013 - 19:33 | 3640419 Apostate2
Apostate2's picture

Interesting that the interview took place on D-Day(and in HK). That good ole boy sounds more northeast/Canadian border such as upper NY state than down home. Perhaps he is a Trojan horse. Just needed to repair or install a new back door in the great firewall. Cyberwars... 

Sun, 06/09/2013 - 22:00 | 3640899 UnpatrioticHoarder
UnpatrioticHoarder's picture

The acid test of his credibility is will he call out the Boston bombing frameup?

Because in his interview he said this:


"It's getting to the point you don't have to have done anything wrong, you simply have to have eventually fall under suspicion from somebody, even by a wrong call, and then they can use this system to go back in time and scrutinise every decision you've ever made, every friend you've ever discussed something with and attack you on that basis to sort of derive suspicion from an innocent life and paint anyone in the context of a wrong-doer"
Sun, 06/09/2013 - 19:42 | 3640463 klockwerks
klockwerks's picture

First thought in my mind was, Is this a setup and do they really have that capability or, do they just want the American public and the world to think they have. Show me one program that the gov. runs that really works, none. Something just doesn't add up. All the news from MSM will now be about this guy and Prism. It will be very interesting to see what the "news" on this will be reported and how it will be reported.

Sun, 06/09/2013 - 19:49 | 3640496 GAAP is crap
GAAP is crap's picture

as they say...Once CIA always CIA.  maybe they are just sending a message to their NSA 'bretheren' and putting this tidbit in there so you swallow the whole story.


Sun, 06/09/2013 - 19:24 | 3640383 lakecity55
lakecity55's picture

The Libyan affair actually has the potential to bring down the USG and about half its elected officials and top civil servants.

Sun, 06/09/2013 - 21:03 | 3640693 EscapingProgress
EscapingProgress's picture

Ambassador Stevens was probably killed in a botched kidnapping operation. This is what al Qaeda claimed anyway. What am I missing here?

Wed, 06/19/2013 - 11:54 | 3671618 harposox
harposox's picture

Not sure of the precise cause of the attack, but the CIA was dealing weapons to various Al Qaeda groups to fight Syrian government forces. Sort of blows the whole "War on Terror" meme to smithereens.

Sun, 06/09/2013 - 18:12 | 3640148 spinone
spinone's picture

They have a better one.  Same reason they revealed the stealth fighter.  This is 5 year old technology, ancient in internet years.

Sun, 06/09/2013 - 22:40 | 3641027 Toronto Kid
Toronto Kid's picture talked about a program to record all phone calls, emails, etc etc years ago. I remember there were several posts on the matter a year or two before 2001 occurred.

1998 maybe? The memory is foggy but the program may have been called Echelon.

Mon, 06/10/2013 - 09:59 | 3641917 Triggernometry
Triggernometry's picture

Bingo, to anybody who ever heard of Echelon, this is not news.

Wed, 06/19/2013 - 11:58 | 3671644 harposox
harposox's picture

Supposedly Echelon was/is bigger than just surveillance – it provides a virtual "back door" into any and all computer systems, regardless of what language they're coded in.

Sun, 06/09/2013 - 19:58 | 3640535 Kirk2NCC1701
Kirk2NCC1701's picture

Is that ALL you got: FUD (Fear, Uncertainty and Doubt)? Classic Agency moves: add noise to drown out the signal.

You must really know your audience, to have them chasing every noisy, shiny object.

Mon, 06/10/2013 - 10:46 | 3642115 hvl626
hvl626's picture

Why is the CIA involved in opening the finanical records held by Swiss banks?  you ask.  

Easy.  They are the enforcement arm of the New World Order. Any concealment of wealth that cannot be confiscated by the NWO cannot be tolerated. Remember Cyprus ?  The NWO is acquiring control of European nations; it has already acquired control of the under developed nations via the IMF and WB.  The U.S. with $16 trillion in debt will be next in line.  Poverty is the inherent result of their actions. 

How is the NWO funded ?  See  



Sun, 06/09/2013 - 21:40 | 3640828 putaipan
putaipan's picture

doesn't anyone else see a bigger detail rolling down the railroad tracks at us? he said he could do all sorts of nefarious things while working for booz allen ... ultimately, all this information and control exist in the hands of private corporations beyond the c.i.a. , nsa or "the government". talk about spooky.

Sun, 06/09/2013 - 17:07 | 3639892 RafterManFMJ
RafterManFMJ's picture

the other side of this coin is the report that we have allowed our military secrets to be stolen: on the one hand, massive effort to spy on citizens; on the other, disasterous - DISASTEROUS - lack of attention to security details at the highest level (except Mrs. Obama's phone cannot be hacked, they made sure of that). grim.


Oh Kato...only now, at the end, do you understand...

Sun, 06/09/2013 - 21:41 | 3640841 putaipan
putaipan's picture

see above.

Sun, 06/09/2013 - 16:24 | 3639693 A Lunatic
A Lunatic's picture

My brain is melting from scandal overload............

Sun, 06/09/2013 - 16:34 | 3639752 Bay of Pigs
Bay of Pigs's picture

The wheels have indeed come off. We are riding on the rims which are now on fire.

Sun, 06/09/2013 - 17:25 | 3639969 nmewn
nmewn's picture

So Stop Sticks are not an option? ;-)

Sun, 06/09/2013 - 18:58 | 3640290 Scarlett
Scarlett's picture

When you stare into the abyss, the abyss stares back at you

Sun, 06/09/2013 - 17:45 | 3640051 kito
kito's picture

Question here is whether there is enough American outrage over this story to protect him.....doubtful... The real outrage will be if the Heat don't tie up the series tonight......

Sun, 06/09/2013 - 19:45 | 3640478 klockwerks
klockwerks's picture

Fonz, come on man, the Heat. You are not from Texas but I bet you wish you were

Sun, 06/09/2013 - 16:29 | 3639726 oklaboy
oklaboy's picture

and this suprises you how?

Sun, 06/09/2013 - 16:31 | 3639736 dick cheneys ghost
dick cheneys ghost's picture

lots of skeletons in Uncle Sams closets.........

Sun, 06/09/2013 - 16:32 | 3639740 resurger
resurger's picture

If i was the Banana US government i would 



Sun, 06/09/2013 - 16:34 | 3639747 resurger
resurger's picture

The news of Snowden is flashing in red in bloomberg website.


Fucking lol

Sun, 06/09/2013 - 16:36 | 3639758 disabledvet
disabledvet's picture

sorry to repeat myself but again..."tip of the iceberg." these intel guys and gals (yes they have gals too) are your modern day shock troops. scary what they can do...armed with nothing more than smartphone and an attitude problem. of course it would be interesting to see who actually stands FOR bank secrecy anymore. how about simply trying to be discreet anymore? can't have that either?

Sun, 06/09/2013 - 16:37 | 3639761 Cacete de Ouro
Cacete de Ouro's picture

Pity the agency didn't notice UBS Zurich running the LIBOR cartel....or maybe they did

Sun, 06/09/2013 - 16:37 | 3639765 FlyingDutchman
FlyingDutchman's picture

This means the secret service has become the tax collector abroad (like in Germany with the stolen CDs).

Does this then also mean Americans convicted for not disclosing their foreign account can sue the government for illegally obtaining evidence?

Sun, 06/09/2013 - 17:27 | 3639979 ParkAveFlasher
ParkAveFlasher's picture

Wealthy America is soul searching right now, deciding how to declaw its own securityanimals, and Putin is parking APVs in Israel's driveway.  Great job CIA you immortal pricks.  The enemy is supposed to be the OTHER GUY.

Sun, 06/09/2013 - 18:03 | 3640114 Optimusprime
Optimusprime's picture

Fuck Israel.

Sun, 06/09/2013 - 16:40 | 3639778 malikai
malikai's picture

Is this the change yall were hoping for?

Sun, 06/09/2013 - 16:50 | 3639816 cynicalskeptic
cynicalskeptic's picture

The more things change the more they remain the same.....

Obama siad he didn't want to be 'Bush lite'.... what he didn't say is that he was going to 'out-W W'......    


While the far right was going on about the Kenyan born Muslim, Obama was outdoing Bush.... Meanwhile the left got totally snookered (and we all got screwed - except the bankers and Wall Street) .....the irony of it all..... 

Sun, 06/09/2013 - 17:35 | 3640009 nmewn
nmewn's picture

Hey!...they got their windmills, solar panels, algae farms and will without a doubt, double the governments debt while their left wing cronies cleaned up.

Hell Di-Fi's ole man is getting ready to cleanup on Post Office properties. Nothing to see there, nope, move along to gun bans to keep everyones eye off the

We, of course, are all left with pocket change, whats not to love? ;-)

Sun, 06/09/2013 - 22:32 | 3641004 Titan Uranus
Titan Uranus's picture

I sure HOPE so...

Sun, 06/09/2013 - 16:44 | 3639785 Richard Whiskey
Richard Whiskey's picture

Bummer some of the "1%" had to close their off shore accounts and as well claim it on taxes....

Serves them right for trying to "cheat" a corrupt/scandalous system.

Had to edit with " " marks for the ability to direct sarcasm on the web is lacking.

Sun, 06/09/2013 - 16:55 | 3639835 Solarman
Solarman's picture

No one said the 1%er's were flushed out.

Mon, 06/10/2013 - 06:40 | 3641481 andrewp111
andrewp111's picture

Best way to flush the 1%ers is to have a big wave of bank failures. Then their accounts get corzined. System reset.

Sun, 06/09/2013 - 16:45 | 3639802 Rustysilver
Rustysilver's picture

I think they are just trying to flush out the hidden accounts. I mean, where do hide now.

Sun, 06/09/2013 - 17:01 | 3639859 Cacete de Ouro
Cacete de Ouro's picture

The elite families hide in the combined funds...a hidden web of course

Sun, 06/09/2013 - 16:55 | 3639821 LetThemEatRand
LetThemEatRand's picture

Here in the Tampa Bay area, two local shock jocks had a trial a few months ago where one sued the other (Bubba the Love Sponge) for defamation.  Seems Bubba called the other guy's wife a whore and some other things.  During the trial -- this is a true story -- the law firm representing the guy being sued (Bubba) had a younger paralegal get the lead plaintiff's lawyer drunk, then a lawyer at the firm called his buddy a local cop and they busted the lawyer for DUI a couple of blocks away.  It almost caused a mistrial but the jury ultimately heard the case and found for Bubba (the whole set up of the other guy's lawyer was unnecessary).  The law firm is now in hot water with the Bar, and the FBI is even involved because of a police corruption issue.   It always cracks me up when you hear the real stories about how the CIA operates.  It is not some high end group of brilliant spies.  It is pretty much equivalent to a bunch of second rate lawyers representing local radio personalities.  The low brow stuff works, but in the CIA's case the law doesn't apply to them so they can do this shit with impunity.

Sun, 06/09/2013 - 18:40 | 3640230 spinone
spinone's picture

Those are the stories you hear.  But, human nature doesnt change.  Sex and booze extract lots of information.  So does chemically assisted interrogation.  Anyone who has ever had waking anaesthesia or the like (Versed) knows what I'm talking about.

Sun, 06/09/2013 - 18:47 | 3640255 Aurora Ex Machina
Aurora Ex Machina's picture

You need to read about the prosecutor who made up a fake girlfriend Facebook page to tell some smo's other two girlfriends that "she" was pregnant so they'd trip out and ruin his alibi, so they'd get a conviction.


I'd have to be making this shit up, right?

Mon, 06/10/2013 - 02:44 | 3641375 Parrotile
Parrotile's picture

"The First thing we do, let's kill all the lawyers".  Maybe The Bard had similar problems in his day too . . . . . .

Sun, 06/09/2013 - 21:25 | 3640786 Promethus
Promethus's picture

It's not MISSION Impossible is it?

Mon, 06/10/2013 - 11:00 | 3642157 hvl626
hvl626's picture

Some of the CIA's lesser known acandals are compiled at 


Sun, 06/09/2013 - 16:52 | 3639825 Fuku Ben
Fuku Ben's picture

Poor sap Swiss banker didn't even get any pussy to sell out

Sun, 06/09/2013 - 16:58 | 3639849 EmmittFitzhume
EmmittFitzhume's picture

NO bank in the world is safe. Who's to say that these mother fuckers won't just start sucking bank accounts dry all over the world without discussion?  They will just fucking go ahead and do it and then say "What are you going to do about it?".  That's what we are looking at next.

Sun, 06/09/2013 - 17:54 | 3640088 smacker
smacker's picture


Erm. The banks are safe. It's our money in them that isn't ;-)

Sun, 06/09/2013 - 22:05 | 3640916 Cleve Meater
Cleve Meater's picture

Wait, wait, wait.... We're missing the significance of this. It's not the banks that should be worried. Remember, the CIA is supposedly prohibited from targeting American citizens. But that's exactly what they were doing here... They were employed as the lapdog for the IRS.

Undermine Swiss banking secrecy so the IRS can catch AMERICAN tax cheats.

Sun, 06/09/2013 - 17:01 | 3639864 Atomizer
Atomizer's picture

Once you begin to take out the appointed taxpayer elected gatekeepers. The removal of US administration cancer showdown begins. They are watching this unfold, scared shitless.


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 /===========================\'  /



Sun, 06/09/2013 - 19:16 | 3640352 samsara
samsara's picture

They are watching this unfold, scared shitless.

I believe that to be true Atomizer.   I think it is coming undone.  It is hard to control a few billion variables in realtime.


Sun, 06/09/2013 - 20:26 | 3640609 Aurora Ex Machina
Aurora Ex Machina's picture

You keep posting your ASCI art, and keep chopping off the apex of the pyramid.





Not as if you could be doing this accidentally, either. Do you even Triforce?

Sun, 06/09/2013 - 22:15 | 3640951 Atomizer
Atomizer's picture

During the building of my ASCII pyramid, union labor cost blew away any profits. I had to give up the apex upgrade package.

Sun, 06/09/2013 - 17:02 | 3639867 cristo
cristo's picture

the last thing i'm ever ganna be worried about is the goverment finding rich fuck's secret swiss bank account .


Sun, 06/09/2013 - 17:36 | 3640015 Shad_ow
Shad_ow's picture

Once those are tapped out they already know where yours is.


Sun, 06/09/2013 - 18:06 | 3640120 cristo
cristo's picture

They're not gonna find anything in my account . As a precaution i asked the crackhead that sleeps in the alley behind my house to hold on to it for safe keeping .

Sun, 06/09/2013 - 19:00 | 3640295 are we there yet
are we there yet's picture

Did the crackhead in the alley have a powerful government job?

Sun, 06/09/2013 - 19:50 | 3640498 cristo
cristo's picture

Nope , but she does have a powerful blowjob .

Mon, 06/10/2013 - 01:02 | 3641277 putaipan
putaipan's picture

powerful blowjob's replacing "boating accidents" soon.

Sun, 06/09/2013 - 17:18 | 3639944 trader1
trader1's picture

postfinance said "we don't want your kind"

(funny - they did the same to assange)

but, ubs said "no problemo"  - just sign the dotted line

Sun, 06/09/2013 - 17:32 | 3639990 falak pema
falak pema's picture

What this shows is that the CIA subcontracts its most sensitive and dirty jobs of mugging and blackmailing bankers

Now the spy and control pyramid is standing on its apex.

Rome was lost when it's dictatorial Caesarian system corrupted its elites, but it truly fell when it subcontracted its defense to the Wisigoths and Huns.

Charles V Empire also subcontracted to Conquistadors and Condottieri. No people's armies and then no empire. Over extended and open to subs black mailing you. System collapse inevitable.

WHat happened to Rome and Habsburgs of Spain/Low Lands, can happen to the new empire. 

Sun, 06/09/2013 - 17:45 | 3640052 Z_End
Z_End's picture

Hmmm... I wonder if this will cause the Swiss to do an about face with regards to tax agreements with the US?

Chaos is your friend...

Sun, 06/09/2013 - 19:09 | 3640319 Urban Redneck
Urban Redneck's picture

There is a bloc pushing to block the agreement.

Regardless, if they succeed in delaying ratification until the next credit freeze - it gets the US taxpayer on the hook for bailing out UBS and CS (in exchange for not going after JPM and GS) or it becomes a moot point, unless that is the existing treaty annex the the Minister doesn't want to disclose the content of to Parliament (ala Nancy Pelosi and vote for it to find out what's in it)... But since the groups that want to sing kumbayah with Brussels are pushing for speedy passage of the Treaty - I smell a rat. 


Sun, 06/09/2013 - 19:33 | 3640420 Divine Wind
Divine Wind's picture



Unless the Swiss find an alternate to the SWIFT system, they are stcuk.

Sun, 06/09/2013 - 19:56 | 3640520 Coldfire
Coldfire's picture

S.W.I.F.T can be run on a Commodore 64. The only thing that keeps it alive are AML laws. As part of the clownshow of fiat, it's a sweat act, through and through.

Sun, 06/09/2013 - 17:58 | 3640100 ThisIsBob
ThisIsBob's picture

Way to go, spy guy!  Didn't need a single bloody computer to do it, either.

Sun, 06/09/2013 - 18:11 | 3640144 Kreditanstalt
Kreditanstalt's picture

Anyone silly enough to keep their stashed wealth in a BANK ACCOUNT, whether a brokerage account or regular one, is naive.

Sun, 06/09/2013 - 18:42 | 3640244 spinone
spinone's picture

All my gold is in the basement of a bank in Guernsey

Sun, 06/09/2013 - 19:45 | 3640476 swmnguy
swmnguy's picture

All of mine is in the boat that I narrowly escaped when it sank.  As far as you know.

Sun, 06/09/2013 - 19:36 | 3640260 Aurora Ex Machina
Aurora Ex Machina's picture

And yet the Zetas constantly make snuff films, uploaded to Liveleak, YouTube and even Facebook (srsly - it was up for hours) and there's no boots on the ground.


Who runs barter town? Actually, I'm going to do this:

A ghastly, graphic video depicting CDG executing and dismembering five Zeta members. The five victims comprised of three men and two women. The video was sent to the facebook page of the popular ValorXTamaulipas several days ago. They posted the photo above. One of the narco blogs advertised they were in possession of the video, but asked for 5000 “likes” before they would publish it. It appears that some blogs regard the tragedy of the drug war as a game. In the extreme southern portion of Tamaulipas are two cities; Mante and
González. They are a 45 minutes drive apart. Zetas control Mante, and their rival CDG controls González.

In the video are five kidnapped Zetas, kneeling, blindfolded, with the hands of the women duct taped together in the front, while the men have their hands duct taped in the back. The five are surrounded by their CDG captors. There is the usual interrogation of the five, questioned one by one, right to left, each admitting working for Zetas. After the interrogation “Mr. Big” of CDG gives the usual warning speech that the same fate would be waiting for others going against “Golfo” (CDG) [Liveleak this link is safe, barring mild nudity and graphic descriptions of horror in words. Doing a search of "Mexico + Zeta" on the site will produce NSFL / NSFW actual videos of torture / death]


Want to know the punch line? CIA's little black Ops, done with NSA intel, made this totally justifiable and why the Zetas are copying your methods and hosting it on Social Media. Yeah, we get it: back in the 20th Century, you trained them in The School of the Americas but it wasn't "legally sanctioned", and it certainly caused issues when it was revealed. Now? Not so much.


Blow back is a real bitch. Videodrome warned you what happens when you do this. And that's the 1980's version.



Oh, and, RIP Mr Iain M Banks. Shining light, we miss you. Your 'The Player of Games' outlines this well. GOU Falling Outside The Normal Moral Constraints out, may we shine with you.

Sun, 06/09/2013 - 19:51 | 3640504 cnmcdee
cnmcdee's picture

In a year's time the issues that we face will make the problems of the NSA spying on   us look like warm memories

Mon, 06/10/2013 - 01:05 | 3641283 putaipan
putaipan's picture

i'm still sayin' it's a limited 'inyo'face!' hangout to distact us from obammy's fast tracked tpp.

Sun, 06/09/2013 - 20:07 | 3640554 Kirk2NCC1701
Kirk2NCC1701's picture

There was a time when the Swiss had principles and resolve.

Seems like they've gone soft and have sold out. I'm not buying a damn thing from them! Keep your overpriced Crap!

Sun, 06/09/2013 - 20:44 | 3640665 wyogal
wyogal's picture

the other side of this coin is the report that we have allowed our military secrets to be stolen:

Of course, but the third side (?) is that most of this can be controlled by getting back to basic principles, limited government with limited taxes and regulation.  Isn't it obvious that tax/regulation avoidance comes from overly burdensome government?  And as far as military secrets go, the first line of defense should rationally be border control.  We have no reason to have our military all over the world--it's ludicrous.  The entire State Dept is culturally bankrupt--they all (including the diplomatic school) have been brainwashed to believe that their mission is to serve other nations' citizens.  The function of the State Dept should be facilitating trade, period.  In the most simple way.

Sun, 06/09/2013 - 21:40 | 3640829 Promethus
Promethus's picture

Wyogal - I wanted to give you an up arrow but the system won't let me. Then I get a banner add saying that 2 friends are spying on you. I'm not a candidate for a tin foil hat (yet) ... but I find it strange.

Sun, 06/09/2013 - 23:21 | 3641113 Monedas
Monedas's picture

Why can't the CIA solve the Comex riddle ? Why didn't they stop Madoff ?  Why didn't they stop Corzine ?  Obammy is CIA .... a company man !

Sun, 06/09/2013 - 23:40 | 3641149 Monedas
Monedas's picture

All gubermint clerks should work for tips !  Firemen should do all government plumbing .... when they are not fighting fires !  Policemen should change our tires when they are flat !      The military should fight forest fires .... we don't need Federal Fire Fighters ! Close all public libraries .... they have become worthless .... and are not needed !  The CIA can spy on our bank accounts .... why can't they stop election fraud ?       OOOOOOOOH Yeaaaaaaah !    Here's the big daddy:    SINGLE PAYER RETIREMENT FOR ALL US CITIZENS EQUAL TO PUBLIC SERVANT RETIREMENT !!!!!!!!!!!!!!!    WE ALL GET 100k A YEAR .... PERIOD !

Mon, 06/10/2013 - 05:48 | 3641453 ajax
ajax's picture



@Monedas:  keep your fucking hands off all public libraries

Do NOT follow this link or you will be banned from the site!