Articles About Credit Suisse
- James I. Clark III
How Did a Rogue UBS Trader Lose $2 Billion?
The strange saga of how a rogue UBS trader lost $2 billion and who has since been fired and charged with fraud and false accounting in a London court has raised questions about the bank’s stability and whether it will retain its clients. Ghana-born trader Kweku Adoboli was perceived as a polite and snappily dressed […]
- John Coletta
North Dakota’s Booming Economy Grew 7.1 percent in 2010
Guess which state’s economy grew at a significantly faster pace than the nation’s measly 2.9 percent? According to a report from the Department of Commerce, it’s North Dakota, whose economy expanded a robust 7.1 percent in 2010.The key driver behind both North Dakota’s success is drilling for oil. Historically, North Dakota’s mining sector — which includes […]