Photo Gallery: The Matilda Project
Foto: ? Brendan McDermid / Reuters/ REUTERS

Photo Gallery: The Matilda Project

Junk Soup UBS Unloaded Rotten Securities on Leipzig

An investigation by the United States Securities and Exchange Commission has revealed for the first time the methods with which the Swiss investment bank UBS sought to palm off bad debt securities on German municipalities. It succeeded in Leipzig.
Translated from the German by Christopher Sultan