UBS

March 12, 2013

Suntech faces the Moment of Truth as Founder ousted and Debt comes due

Suntech, China The world’s largest solar panel company in 2011 now faces possible closure as it does not have money to pay the convertible bond due […]
October 14, 2012

Suntech can’t stop the Bleeding as top managers exit despite restructuring and UBS

The travails of China’s top solar panel manufacturer do not seem to stop with its credibility being hit by a new problem each day. Suntech has […]
August 6, 2012

Globalization of Loot – 92,000 People Stash Mindboggling $21 Trillion in Tax Havens

Globalization It has been said time and again how Globalization has led to increasing prosperity around the globe with free movement of capital and trade. But […]
July 5, 2011

Indian Court objects to Retail Banking Licence for Black Money Facilitator UBS

India's Supreme Court took over the investigation of vast amoutnof black money stashed in foreign money accounts from the compromised government.The ruling Congress party has proven to be remarkably reluctant to take action against corruption and black money despite huge pressure from the civil society and the judiciary.The government itself has ministers who are highly corrupt with a telecom minister in jail and the textile minister who may be on the way as well.Other ministers like the Agricultural Minister Pawar has repeatedly surfaced in numerous scams rocking the country.The Supreme Court has also taken the government to task for granting a retail banking license to the Swiss giant bank UBS.Note UBS had not been given a license as it was under suspicion for facilitating the movement of ill gotten money into Swiss bank accounts