UBS

Wahh! Davos Banker Wants Us To Stop Picking On Bankers
“Life is hard enough,” according to Swiss banking executive Sergio Ermotti, “without people “constantly bashing banks.” Read more...
Offshore financial industry leak exposes identities of 1,000s of holders of anonymous wealth from around the world. Read more...
In the latest issue of Rolling Stone, Matt Taibbi takes the Justice Department to task over settling with HSBC late last year in the “largest drug-and-terrorism money-laundering case ever.” "The HSBC case went miles beyond the Read more...
Swiss bank UBS said Wednesday it will pay a $1.5 billion fraud fine for orchestrating the manipulation of benchmark interest rates in the U.S., Europe, and Asia. Last week, British bank HSBC agreed to pay $1.92 billion -- the largest bank Read more...
Originally posted to ProPublica by Marian Wang: A few months after he buried his son, Francisco Reynoso began getting notices in the mail. Then the debt collectors came calling. "They would say, 'We don't care what happened with your Read more...

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As Digby noted, this is the same scheme we saw from Wal-Mart that Michael Moore featured in his movie, Capitalism: A Love Story. Apparently Texas Gov. Rick Perry thought selling "dead peasants insurance" was something he could con the states Read more...
Dylan Ratigan talks to Simon Johnson and The New York Times' Gretchen Morgenson about whether the fraud on Wall Street extends far beyond Goldman Sa Read more...
The Brad Blog: American Law Institute, the 'only intellectually respectable support' for capital punishment in the U.S., abandons support for it The Read more...
FiveThirtyEight: A recent poll shows that most people don't know what the "public option" is - including pollsters Empire Burlesque: Bait and Switch: Read more...
It is curious that this AP article left out one giant aspect of the UBS scandal -- the role former GOP Senator Phil Gramm may have played in their i Read more...