Friday, June 17, 2011

Never UBS

I happened to be in the neighbourhood of one of the large UBS offices this week. There was a party going on at a terrace outside. Was told that they party every week for one reason or another.

That's a bit weird, considering all the troubles they've had according to the papers, the big bonuses paid out to managers, and customers losing out.

What does that say about the leadership in UBS? Exactly, that they don't care one bit about their customers.

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