Did UBS top mgt really control their traders? If the rogue trader gambled and lost, he lost other people's (silly investors) money.
http://sg.news.yahoo.com/ubs-stake-loss-offset-portfolio-singapores-gic-145512769.html
http://www.dailymail.co.uk/debate/a...sted-anyones-money-own.html?ito=feeds-newsxml
Kweku Adoboli (from Ghana) stayed in a rented luxurious London home - rental is £1000 per week. That's about Sing$8,000 rental per month.
http://sg.news.yahoo.com/ubs-stake-loss-offset-portfolio-singapores-gic-145512769.html
http://www.dailymail.co.uk/debate/a...sted-anyones-money-own.html?ito=feeds-newsxml
Kweku Adoboli (from Ghana) stayed in a rented luxurious London home - rental is £1000 per week. That's about Sing$8,000 rental per month.
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