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HomeLibor Scandal: UBS Plays the “Most Dangerous Game”
Posted by Larry Doyle on August 9th, 2012 9:00 AM |
“You want loyalty? Get a dog.”
Wall Street management was notorious for playing the loyalty card with employees when they were preparing to screw them during bonus season. I am going to guess that those loyalty conversations do not carry much weight anymore. Certainly not at UBS.
In what I would define as the financial equivalent of the classic story, “The Most Dangerous Game“, the intrigue currently within the offices at Union Bank of Switzerland redefines the Wall Street employer-employee relationship. Let’s navigate into this unknown and uncharted territory. (more…)
