Ex-UBS trader goes on trial accused of $2.3B fraud - Businessweek

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGQm-qrl7YkvtvkSnr0F-Ct8s9t5Aamp;url=http://www.google.com/hostednews/ap/article/ALeqM5hRw0SyU4nm02nTavw7oYRQE0S00Q?docId%3Dc5b5f17 293bc46a5be0ae4848c8830aaimg src=//nt2.ggpht.com/news/tbn/ouoXmRoK-PRXDM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2The Associated Press/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG3lFw8wGqi7PyFY5cpLV EpjS64Hgamp;url=http://www.businessweek.com/ap/2012-09-14/ex-ubs-trader-goes-on-trial-accused-of-2b-fraudbEx-UBS trader goes on trial accused of $2.3B bfraud/b/b/abr /font size=-1bfont color=#6f6f6fBusinessweek/font/b/fontbr /font size=-1LONDON (AP) — A senior trader at the Swiss bank UBS was a quot;master fraudsterquot; who lost his bank $2.3 billion, imperiling its very existence, through risky deals and deceit in a bid to improve his status, bonus and job prospects, prosecutors said Friday./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFnC6I9N4UQKN4-pmj7sIqqbPu7_wamp;url=http://af.reuters.com/article/ghanaNews/idAFL5E8KCAW920120914Case to open against ex-UBS trader in $2 bln bfraud/b trial/afont size=-1 color=#6f6f6fnobrReuters Africa/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGQm-qrl7YkvtvkSnr0F-Ct8s9t5Aamp;url=http://www.google.com/hostednews/ap/article/ALeqM5hRw0SyU4nm02nTavw7oYRQE0S00Q?docId%3Dc5b5f17 293bc46a5be0ae4848c8830aaTrader accused of imperiling UBS with $2.3B bfraud/b/alink rel=syndication-source href=www.ap.org/c5b5f17293bc46a5be0ae4848c8830aa /font size=-1 color=#6f6f6fnobrThe Associated Press/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGB61hBP-iTl3BL01XVzO_NQUaGsgamp;url=http://www.telegraph.co.uk/finance/financial-crime/9543191/UBS-rogue-trader-Kweku-Adoboli-almost-cost-the-7.4bn-court-hears.htmlUBS #39;rogue trader#39; Kweku Adoboli almost cost the £7.4bn, court hears/afont size=-1 color=#6f6f6fnobrTelegraph.co.uk/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEDWp9isnKdKvj4Ia1hKq GSNPNpeQamp;url=http://news.sky.com/story/985108/trader-accused-of-1-4bn-fraud-caused-chaosnobrSky News/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dyv5gPpfU2L7lKMeLtB-dMowLoqUMnobrball 722 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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