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S U B S C R I B E
Friday, 21 September, 2012
UBS boss expresses anger in court over unbooked trade
After a week into the London trial of a former UBS trader accused of a multi-billion dollar fraud, a mixed picture emerges from prosecutors and defense attorneys. One side alleges that the defendant Kweku Adoboli was a master fraudster, while the other says Adoboli’s boss turned a blind eye to his activities because it was bringing in short-term profits. WRS’s Alex Helmick speaks to reporter Olly Barratt in London, who says that Adoboli broke down into tears at one point:
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