'Rogue' UBS Trader Arrested in London

Thursday, September 15, 2011

Swiss bank UBS says a "rogue trader" in its investment bank has generated $2 billion in losses by making unauthorized trades. Kweku Adoboli, 31, was arrested this morning by police in London. Louise Cooper, analyst for BGC Partners, a firm specializing in financial services, talks about how this could have happened.

Guests:

Louise Cooper

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