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By Jared Diamond
By Michael T. Klare $11.24
Flickr / twicepix (CC-BY-SA)
The trader arrested on suspicion of costing Swiss banking giant UBS more than $2 billion in unauthorized trades was charged Friday with fraud and two counts of false accounting dating as far back as 2008.
Swiss banking giant UBS said Thursday that a rogue trader had cost it approximately $2 billion in unauthorized trades. (more)
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