Forum Post: "JUST BE CAREFUL DUDE": Traders at UBS chat about rigging global interest rates for personal gain
Posted 2 years ago on Dec. 19, 2012, 2:09 p.m. EST by toobighasfailed
This content is user submitted and not an official statement
News from this morning says that UBS has been fined $1.5B after regulators uncovered over 2,000 instances of 45 different traders and executives manipulating global interest rates. Their own words ("JUST BE CAREFUL DUDE") speak to their guilt. Two former employees were charged with crimes.
I just created an image this morning to capture some of the most egregious clips from their chats:
And here are two articles about the UBS stuff: