FTC:WATCH special report UBS, part VII: David Rubin takes the stand

(January 31, 2013) -- Almost every large financial institution in the world was on the take, stealing money from U.S. taxpayers, according to an FTC:WATCH analysis of testimony in the month-long trial of three key municipal desk employees at Swiss-owned UBS, who were recently convicted by a federal jury of conspiracy and wire fraud. This issue’s coverage, exclusive coverage for FTC:WATCH subscribers, highlights testimony by CDR founder David Rubin, a cooperating witness who has pleaded guilty to three counts of bid-rigging on contracts to manage municipal bond revenues....

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