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.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
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.

espirit's picture

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

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.

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.

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.

DoChenRollingBearing's picture

Now you have me wondering as well...

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... 

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"
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.

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.


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.

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?

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.

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.

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.

Triggernometry's picture

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

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.

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.

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  



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.

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...

A Lunatic's picture

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

Bay of Pigs's picture

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

nmewn's picture

So Stop Sticks are not an option? ;-)

Scarlett's picture

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

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......

klockwerks's picture

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

oklaboy's picture

and this suprises you how?

dick cheneys ghost's picture

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

resurger's picture

If i was the Banana US government i would 



resurger's picture

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


Fucking lol

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?

Cacete de Ouro's picture

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

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?

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.

malikai's picture

Is this the change yall were hoping for?

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..... 

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? ;-)

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.

Solarman's picture

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

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.

Rustysilver's picture

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

Cacete de Ouro's picture

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

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.

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.

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?

Parrotile's picture

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