Ex UBS boss blames "mercenaries" for Libor debacle

Comments (4)
reality-again wrote:

“Mercenaries”??
Come on!
This guy should put his stuff in a cardboard box and leave his job at the bank. He’s not fit to lead a big corporation, especially not one that has nothing to offer but its good name and credibility.
He clearly avoids responsibility for a culture of deceit and disrespect for the law, and shareholders should be worried when they read such words.
What a sad joke that serves to illustrate the dire situation and complete moral disorientation in this bank, and in other banks as well.

Jan 10, 2013 11:14am EST  --  Report as abuse
Tiu wrote:

Whereas it may be very difficult to defend against a coordinated attack… it’s no excuse for not having done so.
Perhaps there’s more to the story?

Jan 10, 2013 12:49pm EST  --  Report as abuse
tmc wrote:

Really? I Mean… Really?

Use cash, starve a Bankster!

Jan 10, 2013 1:51pm EST  --  Report as abuse
Concernedcitz wrote:

“Rohner said pay structures needed to be linked to group profits and banks needed to be simplified and shrunk to avoid future scandals.”

This is the first thing this man said that made any credible sense at all. Shrink the banks and stop the collusion and maybe we can get out of this international banking mess. Break the cartels up!

“mercenaries” – where did he conjure this scenario up? He must be talking to Mr. Pierre of the NRA – they both have excuses too stupid to be expounded on.

Jan 10, 2013 3:44pm EST  --  Report as abuse
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