MercoPress. South Atlantic News Agency
UBS fined in US, UK and Switzerland for manipulating the Libor rate
Swiss banking giant UBS has agreed to pay 1.5bn dollars to US, UK and Swiss regulators for attempting to manipulate the Libor inter-bank lending rate. It becomes the second major bank to be fined over Libor after Barclays was ordered to pay 450m to UK and US authorities in the summer. Read full article
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Disclaimer & comment rulesUS Department of Justice (DoJ), UK Financial Services Authorities, FSA, Swiss Financial Market Supervisory Authority, European Banking Authority, EBA: -- “Bad boy UBS... ::slap in the pinky finger::”
Dec 19th, 2012 - 08:45 pm - Link - Report abuse 0::wink:: :wink: wink:::
UBS to DOJ, EBA, FSA: - “Done? Ok boys, you guys buy lunch... let's talk about them Muppets and plebs, we need to come up with the new scheme to 'rip their faces off'”
(Vignette of ordinary daily life in the banking subjugated northern nations)
We're skint lend us 20 pesos (Vignette of ordinary daily life in the banking of rgenweener)
Dec 19th, 2012 - 09:28 pm - Link - Report abuse 0TWIMC
Dec 19th, 2012 - 09:53 pm - Link - Report abuse 0So many Banks getting huuuge fines.......... That will show them.....
Huuuge fines representing about 2% of their annual earnings.....
Huuuuuuuge tax deductible fines....
Any Bankers going to jail?
Any Bankers getting unemployed?
Any Bankers getting lower salaries or bonuses?
Yeahhh.... those huuuuge fines will certainly show them Bankers who's in control....
Brainwash anybody?
#3 Yes we need a leader like Cristina to take the fight to them...
Dec 24th, 2012 - 04:50 pm - Link - Report abuse 0Commenting for this story is now closed.
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