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View Full Version : UBS head not resigning over $U2bn fraud - Sydney Morning Herald



FraudNews
09-18-2011, 03:46 PM
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Sydney Morning Herald (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEOj5en_RDPfSfqvzOg9gIw-ZufZQ&url=http://www.smh.com.au/business/i-need-a-miracle-rogue-traders-plea-20110916-1kdww.html)


UBS head not resigning over $U2bn fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFRHwvxt4MOEuzCdggZmvOkWJC5DQ&url=http://news.smh.com.au/breaking-news-world/ubs-head-not-resigning-over-u2bn-fraud-20110918-1kfsq.html)
Sydney Morning Herald
The head of Swiss banking giant UBS says he does not feel guilty about the $US2 billion ($A1.94 billion) rogue trading that occurred in his bank, and he is not planning to resign over the fraud. "I am responsible for everything that happens in the bank ...
UBS head says no plan to resign over $2bn fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG-yW_Lcpw7JgdDFgzxu30ucvCReQ&url=http://www.google.com/hostednews/afp/article/ALeqM5gSawJvc6cJ_JuBwFGDTahQK9yS3A?docId%3DCNG.254 c8b8888103d7fe30af54d26e4868f.31)AFP
UBS Trader Adoboli Charged With Fraud, False Accounting (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFcgYOKbC1tgJFDx7ii3Q88AV2Gzg&url=http://www.businessweek.com/news/2011-09-17/ubs-trader-adoboli-charged-with-fraud-false-accounting.html)BusinessWeek
UBS chief Oswald Gruebel under threat as fraud crisis deepens (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFoLMIZUbGNC7mbv7NtGtO-CUqwCw&url=http://www.telegraph.co.uk/finance/financial-crime/8771108/UBS-chief-Oswald-Gruebel-under-threat-as-fraud-crisis-deepens.html)Telegraph.co.uk
BBC News (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEsBI8iepTHjJ4hcnb4A6YwmYhzcQ&url=http://www.bbc.co.uk/go/rss/int/news/-/news/business-14950873)
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