Posts tagged as:

rogue trading

A failure of all offices

September 19, 2011

UBS releases further details about their rogue trader, but fail to describe how the fraud was possible.

2 comments Read the whole post →

Too big to care

September 15, 2011

The revelation that yet another rogue trader has been pulling the levers at a major bank, this time costing UBS $2 billion, makes me wonder about all the rogue traders we're not hearing about -- the ones who aren't big, stupid or aggressive enough to get caught. It raises serious concerns about the level of risk […]

2 comments Read the whole post →