FTC:WATCH Special Report: Analysis of UBS antitrust trial suggests bid-rigging dealing was rampant

(October 30, 2012) -- Taking money from U.S. taxpayers was standard operating procedure, hardly worth trying to hide, at Swiss-owned bank UBS, according to an FTC:WATCH analysis of testimony in the month-long trial of three of the bank’s key municipal desk employees, who were recently convicted by a federal jury of conspiracy and wire fraud after rigging bids for financial services to local governments and non-profit organizations....

Related Sections