Well, a lot of them, reports a stunned Felix Salmon, going over the “Final Notice” issued by the United Kingdom’s Financial Services Authority for the Swiss mega-bank that goes by the highly inside moniker of “UBS AG.” Besides sounding like some sort of computer plug, UBS was a veritable cesspool of white-collar crime, according to…
Tag: Libor
Great God, how naïve!
Back in the day—pretty far back in the day, actually—James Thurber announced that he would no longer discuss T.S. Eliot’s stage rage “The Cocktail Party” with young women. He was tired, he said, of hearing them all exclaim “Great God, how naïve!” Although I’ve never discussed “The Cocktail Party” with anyone, I have a pretty…