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Monthly Archives: September 2011
UBS CEO Oswald Gruebel quits over ‘rogue-trader’ loss
Oswald Gruebel(CEO) of United Bank of Switzerland has resigned due to a rogue-trader. Mr. Adoboli, as the one who caused the United Bank of Switzerland to loss $2.3bn, was arrested and charged with false accounting and fraud last week. The … Continue reading
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Business Ethics – Sanlu Company
The picture above is the milk powder from Sanlu Company in China. In 2008, the scandal of Sanlu Company shocked people all over the world for overusing melamine (a harmful chemical substance for increasing protein content) in their milk powder. Thousands of babies became victims by their … Continue reading
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