Monday, February 11, 2013

Cases against UBS traders tip of the iceberg | Essentials

Cases against UBS traders tip of the iceberg

Organizing monetary policy and decides about interest rates, everybody will feel it's impact! The Bank of England in London! Count the joy my friends! On the money of course!:)
Organizing monetary policy and decides about interest rates, everybody will feel it's impact! The Bank of England in London! Count the joy my friends! On the money of course!:) by || UggBoy♥UggGirl || PHOTO || WORLD || TRAVEL ||
License (according to Flickr): Attribution License
Excerpt:

Lawbreaker charges are watershed in Libor probe, but authorities state lots more were included at UBS alone, and various other significant banks are under examination. District attorneys have actually reached a turning point with the statement of the first criminal charges in the Libor interest-rate fixing scandal, but there's still a lot more to be done. "The good news is they're prosecuting two people," said Dennis Kelleher, CEO of the financial reform team Better Markets. "The bad news is there's dozens more they've got to get to.". At UBS alone, at least 45 individuals were involved in or aware of efforts to manipulate rates, according to U.K. authorities. All informed, even more than a dozen of the world 's largest financial institutions are facing examination. In revealing Wednesday that UBS had agreed to pay $ 1.

Keywords:

Libor UBS Libor submissions rates UBS employees UBS spokeswoman Karina low Libor submissions senior UBS traders yen Libor submissions Libor interest-rate Libor probe UBS case documents Libor rates UBS staffers Libor interest rate Libor controversy criminal charges Libor investigation Libor mess UBS investigation chat message bank Barclays British bank Barclays related interbank rates London Interbank Offered Alexander William Hayes financial reform group trading financial products different time periods low sid pls similar Libor-related conduct banks Darin Barclays documents bank staffers Roger Darin authorities Justice spokeswoman major banks Better Markets good news U.K. authorities bank employees Dennis Kelleher interbank lending certain period bad news reduced pay Certain traders

People:

William Hayes

Overall Sentiment: -0.113865

Relevance: 0.241603

Roger Darin

Overall Sentiment: -0.102817

Relevance: 0.231549

Dennis Kelleher

Overall Sentiment: 0.101039

Relevance: 0.170865

SentimentQuote
0.194305"The good news is they're prosecuting two people," said Dennis Kelleher, ...
0"The good news is they're prosecuting two people," said Dennis Kelleher, CEO of the financial reform group Better Markets. "The bad news is there's dozens more they've got to get to."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.194305
  • Mean: 0.0971525
  • Standard Deviation: 1.7320508075689

Karina Byrne

Overall Sentiment: 0

Relevance: 0.150467

SentimentQuote
0Karina Byrne said "more than three dozen" ...
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: 0
  • Mean: 0
  • Standard Deviation: 1.4142135623731

Michael Clark

Overall Sentiment: 0.243329

Relevance: 0.145032

SentimentQuote
0.210526"You can point to certain documents where it's very clear what they intended to do, and that's what prosecutors will benefit from," said Michael Clark, ...
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: 0.210526
  • Mean: 0.210526
  • Standard Deviation: 1.4142135623731
Disambiguation: References:

Tom Alexander

Overall Sentiment: -0.0421183

Relevance: 0.132221

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Company: UBS

Overall Sentiment: -0.0264649

Relevance: 0.866492

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