Gee, why can't I be in banking, or a CEO or in government, so that my criminal actions that cost billions can go unpunished too?
It's good to be King.
UBS sought to brush its disastrous performance during the financial crisis under the carpet yesterday by admitting mistakes but ruling out any legal action against its former bosses.
The bank said that while there were grounds for it to pursue them through the civil courts, it had decided to take no action, in part because court cases would generate negative public relations and prevent the restoration of its "good name".
They really are clueless.
Read more here.
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