UBS “Rogue Trader” Convicted for Fraud

By: Tuesday November 20, 2012 12:15 pm

Kweku Adoboli, the “rogue trader” who cost UBS billions of dollars with a bad trade in 2011, has been found guilty by a British court on two counts of fraud, while being acquitted on four other counts of false accounting.

 

Museum President Sat on “Risk Committee” at JPMorgan Chase

By: Friday May 25, 2012 3:30 pm

It turns out that JPMorgan Chase had a risk oversight committee on its board of directors. There were individual risk managers at the various offices as well, but this board was designed to provide oversight for the entire operation. Or, if you prefer, it was designed to pretend to show that JPMorgan Chase cared about risk oversight. That’s clear from who they put on the board.

SUPPORT FIREDOGLAKE
Follow Firedoglake
TODAY’S TOP POSTS
CSM Ads advertisement
Advertisement
Upcoming FDL Book Salons

Saturday, August 30, 2014
2:00 pm Pacific
The Nixon Defense: What He Knew and When He Knew It
Chat with John Dean about his new book. Hosted by James Robenalt.

Sunday, August 31, 2014
2:00 pm Pacific
Imagine: Living In A Socialist USA
Chat with Paul LeBlanc and Dianne Feeley about the book. Hosted by Deena Stryker

GET UPDATES

Sign up to receive Firedoglake's headlines by email: