Tag Archives: ubs

BREAKING: UBS rogue trader was trying to exit a naked silver short…. [UPDATED]

Posted on September 15, 2011 by maxkeiser| 68 Comments

UBS trader identified as Kweku Adoboli, who traded ETFs

UPDATE:

SocGen Redux – ETF Trader At Center Of UBS Rogue Trade

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Tagged rogue trader kweku adoboli, ubs

UBS terrorist blows 2 bn. on crack, whores, and foie gras (i.e., unauthorized trading).

Posted on September 15, 2011 by maxkeiser| 4 Comments

UBS Down 9.2% As Unathorized Trade Results In USD2bn Loss

Rumor in Zurich is that ‘rogue’ UBS trade was a silver short

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Tagged silver short, ubs

The Company’s Man, The Fed’s Buying and The Bid’s Riggers

Posted on March 27, 2010 by stacyherbert| 82 Comments

Stacy Summary: Looks like the Miracle 51% Voting Machine has delivered the election to anti-Iranian, ‘former’ CIA asset, Ayad Allawi. Very clever the way they waited a few years after their first attempt when they just openly installed him. More subtle this way. And re: JPMorgan and UBS (both CEOs are good mates with the President) let’s see if the Tea Party protests or the Congress demands an end to all Federal contracts . . . don’t hold your breath.

Ayad Allawi edges out al-Maliki in close election

Freaking out over end of Fed mortgage buying

JPMorgan and UBS named as conspirators in US muni bond fraud and bid rigging

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Tagged allawi, fed, iraq, jp morgan, mortgage buying, muni bond fraud, ubs

Who should liquidate?

Posted on September 14, 2009 by stacyherbert| 8 Comments

Stacy Summary: Let me get this straight. The BIS warns that the derivatives still pose a systemic risk, and gold holders are urged by UBS, one of the biggest writers of derivatives of mass destruction, to take off your hedge against his bank’s toxic waste?

BIS reports turnover of derivatives up 16pc, warns they still pose systemic risk

UBS warns gold investors to ‘liquidate’ after ‘buying frenzy’

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Tagged derivatives, ubs

Headlines, Headlines, Headlines – 28 April 2009

Posted on April 28, 2009 by stacyherbert| 46 Comments

Stacy Summary: As Max says, “this is a fraud crisis”

Milan financial police seize $620 million from JPMorgan, UBS & Deutsche in alleged swaps fraud

AIG’s fall: Bad business or criminal acts?

Swine flu outbreak linked to factory farming

Lehman notes were sold to the mentally ill

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Tagged aig, criminal acts, deutsche, fraud swaps, jp morgan, lehman notes, smithfield, swine flu, ubs

Headlines, Headlines, Headlines – 26 April 2009

Posted on April 26, 2009 by stacyherbert| 7 Comments

Stacy Summary: When the Queen announces how much she costs the taxpayer, the palace recently began qualifying that cost on a per person basis. So, in 2004, she only cost 2 pints of milk per person. I think our banking royalty (and that’s what they are until we decide to revolt against it, which we haven’t), should do the same for the peasant taxpayers that finance their lifestyles. It might help Timmy Taxpayer if he knew that Lord Banker Such and Such cost a pint of beer while Lady Hedge Fund Crook cost a glass of champagne.

City bankers scoop huge pay increases

Average UK company directors getting pension contribution of 3.6 times pay compared to average of less than 10% of pay for workers

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Tagged city pay, ubs

Headlines, Headlines, Headlines – 15 April 2009 [Updated]

Posted on April 15, 2009 by maxkeiser| 16 Comments

Stacy Summary: More unemployed Swiss bankers unable to leave their country for fear of the long arm of the American law. And Lehman collapse proving to be a huge financial stimulus for some people, maybe if we let more banks fail we would see a jobs bonanza in the US & UK?

UBS cuts 8,700 more jobs

Lehman collapse proving to be financial stimulus for accountants and lawyers

Biggest trucking company in US to offer real estate rather than cash as pension contribution

Fiji devalues currency by 20%

Islamic insurance (takaful) growing at up to 40% a year

Massive endowment losses force Harvard College faculty to cut budget by 20%

Lehman sitting on enough uranium cake to make a nuclear bomb

TV property bubble pusher goes bust owing £500,000

Saudi Arabia bans offensive words in vanity license plates, including “USA”

1500 farmers commit mass suicide in India

Hedge fund exec’s guilty plea to securities fraud could spell trouble for Carlyle

Updates:

A closer look at Goldman Sachs’ earnings

China buying huge quantities of copper: readying for Bancor? Or for US covert default?

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Tagged china, copper, devaluation, endowment losses, fiji, goldman sachs, harvard, islamic insurance, lehman, pensions, suicide india, takaful, ubs

Headlines, Headlines, Headlines – 27 March 2009

Posted on March 27, 2009 by stacyherbert| 15 Comments

Pimco trial balloons, unaffordable mistresses, toxic bailout plans and, as we predicted in our 2005 hit, “Whitey is doing a runner” – whitey gets the blame for the financial crisis.