UBS in Perspective

http://www.futureofcapitalism.com/2011/09/ubs-in-perspective

The news today about UBS's reported $2 billion loss owing to a "rogue" trader sent me back to our archives to the June post about UBS considering moving its headquarters to America from Switzerland, and to the July post updating the Crony Capitalist Index (UBS is a member by virtue of its executive Robert Wolf, an Obama golf pal who was a member of the president's Economic Advisory Board). It's also worth mentioning the state of Connecticut's $20 million loan to UBS, offered as an incentive to keep it from moving to Manhattan.

by Editor  |  Sep 15, 2011 at 4:37 pm Related Topics:  Banking, Capital Markets Regulation receive the latest by email: subscribe to the free futureofcapitalism.com mailing list