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by ciarannolan 2025 days ago
> "SEC filings: The parent company of Dominion Voting Systems received $400 million from an Investment Bank in Switzerland that is 75% owned by the Chinese government. UBS Securities is a Swiss investment bank which owns 24.99% of UBS Securities Co LTD, a Chinese Investment Bank. The remaining 75% of UBS Securities CO LTD is owned by the Chinese government,” states the report."

Instead of making vague insinuations, why not just make the accusation that you're alluding to?

1 comments

I'll let the SEC filings do the talking, you can then decide if China owning voting machines are "vague insinuations".
> I'll let the SEC filings do the talking,

The SEC filings said that State Street Capital sold $400 million securities, for which sale they paid UBS Securities (the Swiss bank) some money.

UBS Securities also owns ~25% of a Chinese bank with a similar name, whose other owners are Chinese firms which (lets just assume for the sake of argument) are state- and state-controlled enterprises.

And State Street Capital co-owns, with Dominion's own management team, Dominion Voting Solutions.

So, what you have is the private equity firm that (among many other things) has an ownership role in Dominion paying some money to a Swiss bank connected to a sale of securities, and the Swiss bank involved also owns a minority interest in a Chinese bank in which Chinese government firms own a controlling interest.

How that even approximately equates to "China owning voting machine" is something of a mystery.

How is 25% a "minority interest"? I get it is't no controlling, but that is a lot.
> How is 25% a "minority interest"?

If we accept the argument that all the other listed owners are effectively different names for the government of the PRC, there are two owners: the majority owner, the PRC government, and the minority owner, UBS Securities.

If you go by the listed owners, I believe UBS Securities is the plurality owner (controlling the largest single block, but short of a majority.) Which is still also technically a minority, since it is short of a majority.