Friday, September 14, 2012

UBS Rogue Trader Kweku Adoboli's 2011 Email: Sorry For The 'Stilt Storm That Will Now Ensue'


An amazing unpacking job. I could feel the tension, as if in a movie, where he watches as the lowest loss he could have grabbed just ticks on by... gone forever, dragging down billions like a black-hole chewing up gods.



But it's clearly not a flick, and in reality he deceived and stole - although if he'd won, the champaign would flow right past those smirking faces in the boardroom. And that's the 'stilt' we should be worried about... that's the wolf at the door.
Read the Article at HuffingtonPost

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