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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Aug 20, 2009

Page

9

House Democrats seek insurer records on executive pay

House Democrats demand detailed financial records from 52 health insurers with 2 billion plus annual premiums as part of an inquiry into executive compensation and other business practices. Waxman and Stupak signed the letters seeking compensation data, premium income and claims payments, plus expenses from events off-site in the last 21/2 years. Aetna UnitedHealth and WellPoint confirmed receipt but offered no comment.

Washington, D.C House Democrats Barack Obama Bart Stupak D-Mich Obama Henry Waxman D-Calif House Energy and Commerce Committee Stupak Associated Press Aetna UnitedHealth Group Inc WellPoint Inc

UBS to disclose 4450 UBS account names to IRS

UBS AG agreed to turn over to the IRS the details of 4,450 accounts suspected of holding undeclared assets by American customers. The move targets offshore tax evasion with $18 billion in assets once held, and could reveal additional UBS clients who may voluntarily disclose their accounts. The process involves Swiss authorities and appeals, with notices to account holders before any release to the IRS.

Washington, D.C UBS AG IRS Switzerland Doug Shulman Internal Revenue Service Shulman UBS U.S Swiss Federal Tax Administration Federal Administrative Court Zurich Exchange Swiss Bankers Association Eveline Widmer-Schlumpf Bern United States Kaspar Villiger

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