Swiss Bank UBS is ready to pay a fine of 500 million dollars as a settlement in their manipulation of currency exchange rates.
UBS worked with JP Morgan, Citigroup, Britain’s Barclays and Royal Bank of Scotland in this highly profitable scam.
They will be sharing the fine with their customers, expect higher fees my friends.
“I believe the officers, and, especially, the directors, of corporations should be held personally responsible when any corporation breaks the law.”
This law breaking by corporations will stop when we start jailing the thugs responsible.
Think about it my friends, and raise hell with your elected officials to put a stop to this type of activity.