Ethical Issue at UBS Term Paper by ResearchRiter
Ethical Issue at UBS
A discussion of the auction-rate security scandal at UBS.
# 125408
| 500 words
| 9 sources
| APA
| 2008
| 
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Description:
This paper discusses the auction-rate security scandal at UBS, identifying the ethical issues presented and others that may not have been discussed in the article by David Ellis.
From the Paper:
"In his article for CNN Money.com, "UBS hit with New York auction-rate security suit", David Ellis describes the auction-rate security scandal involving the Swiss banking giant, UBS. Ellis describes how UBS sold auction-rate securities to investors under false pretenses, assuring them that the securities would be liquid and then-when investors tried to sell them-telling them that the investments were long-term investments instead. The article explains how New York State Attorney General Cuomo is bringing a nationwide lawsuit against UBS to recover the money..."Cite this Term Paper:
APA Format
Ethical Issue at UBS (2008, December 01)
Retrieved June 05, 2023, from https://www.academon.com/term-paper/ethical-issue-at-ubs-125408/
MLA Format
"Ethical Issue at UBS" 01 December 2008.
Web. 05 June. 2023. <https://www.academon.com/term-paper/ethical-issue-at-ubs-125408/>