FTC:WATCH Special Report: UBS trial, part V: Payoffs and death threats

(December 17, 2012) -- Taking money from U.S. taxpayers was standard operating procedure, hardly worth trying to hide, at major investment banks, including Swiss-owned bank UBS, according to an FTC:WATCH analysis of testimony in the month-long trial of three of that bank’s key municipal desk employees, 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 former Bank of America executive Doug Campbell, who worked on the municipal bond desk, and who is now a government informant....

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