Jonathan Weil, columnist for Bloomberg News, makes the case for the poor UBS bankers set to pay for a rogue trader's mistakes
Ever since UBS disclosed its latest gigantic loss, due to a supposedly rogue trader in London, the financial press has been obsessed with digging out trivial details, such as what the scandal means for the future of global banking regulation and whether it will cost UBS Chief Executive Officer Oswald Gruebel his job.
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