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 | US
Published on Dec 01, 2008 in Business (Finance, Investment and Banking) , Ethics (General)


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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 April 21, 2021, from https://www.academon.com/term-paper/ethical-issue-at-ubs-125408/

MLA Format

"Ethical Issue at UBS" 01 December 2008. Web. 21 April. 2021. <https://www.academon.com/term-paper/ethical-issue-at-ubs-125408/>

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