Swiss bank UBS lost around $2 billion dollars due to the fraud of a rogue trader Kweku Adoboli. UBS is the largest bank in Switzerland and this scandal does nothing to assure investors and depositors of its oversight procedures. This latest rogue trader scandal comes a few years after Societe Generale’s Jerome Kerviel perpetrated the […]
Read MoreRepublicans in the House of Representatives accuse the White House of pushing through a loan to now bankrupt solar panel maker Solyndra for political reasons. Republicans revealed emails from the White House to the now bankrupt manufacturer that details the White House’s attempts to rush through the loan guarantee ahead of a visit to a […]
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