Showing posts with label UBS. Show all posts
Showing posts with label UBS. Show all posts

Tuesday, September 11, 2012

Whistleblowing Pays

Today's news challenges the notion that whistleblowers always suffer. The IRS awarded $104 million to former UBS banker, Bradley Birkenfeld, for providing information about a tax evasion scheme. Here are a few quotes from Bloomberg:

Monday, September 26, 2011

Rouge Traders and Double Standards

You may have seen the recent news of a rouge trader at UBS whose trading activity led to a $2 billion loss for the company.  In a recent blog post, the WSJ highlights what may be a double standard in unauthorized trades: