Occupy London campaigners have taken over a derelict building owned by investment bank UBS…The building they have taken over at Crown Place belongs to, but is not occupied by, UBS and no business transactions take place there. The activists plan to set up a “bank of ideas” there tomorrow and open the disused offices and meeting rooms to “those who have lost their nurseries, community centres and youth clubs due to savage Government spending cuts”. [Telegraph]

Comments (41)

  1. Posted by Guest | November 18, 2011 at 11:31 AM

    No no… those are UBS's regular employees

    Explains a lot doesn't it?

  2. Posted by Texashedge | November 18, 2011 at 11:34 AM

    “those who have lost their nurseries, community centres and youth clubs due to savage Government spending cuts”

    The fuck is a community center, anyway?

  3. Posted by beached baml | November 18, 2011 at 11:35 AM

    It's UBS they'd still fuck it up

  4. Posted by guest | November 18, 2011 at 11:36 AM

    Well the occupiers can't do any worse than the people in the offices where business transactions actually do take place.

  5. Posted by itrustafari | November 18, 2011 at 11:37 AM

    Alex: What we were after now was the old surprise visit. That was a real kick and good for laughs and lashings of the old ultraviolent.

  6. Posted by Hansell | November 18, 2011 at 11:40 AM

    You can derelicte my balls, cap-i-tan

  7. Posted by Guest | November 18, 2011 at 11:43 AM

    I think it's a really nice crack house

  8. Posted by Protonrick | November 18, 2011 at 11:44 AM

    If you cared about other people,
    if you can look outside your shell,
    you would know

  9. Posted by Dr_Zaius | November 18, 2011 at 11:44 AM

    Lost community center??!?! This calls for Turbo and Ozone!

  10. Posted by Guest | November 18, 2011 at 11:46 AM

    I believe they're called "titty bars" is Texas.

  11. Posted by lex luthor | November 18, 2011 at 11:49 AM

    If only these idiots knew what we are doing directly beneath them…..but it really helps our cover.

    – E. Peel

  12. Posted by Texashedge | November 18, 2011 at 11:52 AM

    No tx

  13. Posted by ScottyDoesKnow | November 18, 2011 at 11:54 AM

    If you were a functional human being,
    if you contributed to society via a job,
    you wouldn't have these problems.

  14. Posted by PermaGuestII | November 18, 2011 at 11:55 AM

    Who knew the British government subsidized lawn & garden centers?

    -former BSC risk manager/bridge champion

  15. Posted by Guy with A.D.D. | November 18, 2011 at 12:01 PM

    Also, dont forget those who have lost their Virginity!

    -Brandon Wattts

  16. Posted by Hector | November 18, 2011 at 12:04 PM

    I bet you their P&L will be better than UBS's!

  17. Posted by The Truth | November 18, 2011 at 12:04 PM

    We plan on turning UBS Stamford from the world's largest trading floor to the world's largest titty bar

    #OWSStamford #Beamers #whoiscomingwithme

  18. Posted by Guest | November 18, 2011 at 12:07 PM

    Dear Brandon,

    Virginity /= Legitimacy

    - UBS MD

  19. Posted by New World Odor | November 18, 2011 at 12:08 PM

    It's where peaceful Islamists and former ACORN workers share ideas.

  20. Posted by Willie Wonka | November 18, 2011 at 12:14 PM

    Actually, I now own that building and a Bank of Ideas is exactly what we will make of it. And we will rescue the people from Loompaland, which is nothing but desolate wastes and fierce beasts. And the poor little Oompa Loompas that were so small and helpless, they will no longer get gobbled up right and left. No Wangdoodle will eat ten of them for breakfast and think nothing of it. And so, I say, "Come and live with me in peace and safety, away from all the Wangdoodles, and Hornswogglers, and Snozzwangers, and rotten, Vermicious Knids."

  21. Posted by UBS MD | November 18, 2011 at 12:16 PM

    Well it was owned by UBS, but then we had a little trading 'miss hap', and we couldn't pay the mortgage any more, and then, as we'd already packaged up our mortgage, and sold it on, we got foreclosed on, and booted out, so does his mean we can come back in as one of “those who have lost their nurseries, community centres and youth clubs due to savage Government spending cuts”?

    I think there's a word for this, carma, calmer, or something, but I can't find it in my Barron's business dictionary.

  22. Posted by Dr_Zaius | November 18, 2011 at 12:16 PM

    The risk manager wasn't a bridge champion. I was. ACBL Grand Life Master muthafucka.

    - Jimmy

  23. Posted by Tim Tebow | November 18, 2011 at 12:22 PM

    Word

  24. Posted by Occupy Underpants | November 18, 2011 at 12:35 PM

    1) Occupy building and do nothing

    2) ????

    3) Profit

  25. Posted by HungryIntern | November 18, 2011 at 12:36 PM

    What is the Cap Rate on that building?

    ` former English teacher in Merced

  26. Posted by Guest | November 18, 2011 at 12:45 PM

    Is this from Dr. Suess's Yertle the Turtle?

  27. Posted by Guest | November 18, 2011 at 12:45 PM

    …as well as a breeding ground for future US Presidents

  28. Posted by desksoda | November 18, 2011 at 1:17 PM

    Unauthorized rogue housing. Prosecute.

    - K.Adoboli

  29. Posted by Guest | November 18, 2011 at 1:18 PM

    What about those of us who lost our nurseries and community centres due to poor management and failure to make our enterprises economically viable? Can we use the bank of ideas too?

  30. Posted by igotit | November 18, 2011 at 1:36 PM

    "The building they have taken over at Crown Place belongs to, but is not occupied by, UBS and no business transactions take place there."

    to be clear, no business transactions take place at UBS.
    this building or otherwise

  31. Posted by Anonymous | November 18, 2011 at 1:39 PM

    talent can take MetroNorth to the "office" …
    individual dressing rooms…
    room to mount swings…
    Capital Grill & Mortons can deliver…
    This has REAL potential!

    ( o )( o )

  32. Posted by Buzzed | November 18, 2011 at 1:46 PM

    "youth clubs"… aka tents to lose your virginity in

  33. Posted by narrative | November 18, 2011 at 1:59 PM

    As well as future UBS MDs which seems to reinforce the assertion of the first guest.

  34. Posted by guest | November 18, 2011 at 3:49 PM

    Phenomenal. Bravo.

  35. Posted by PermaGuestII | November 18, 2011 at 4:07 PM

    Prefer (.Y.) myself.

  36. Posted by Guest | November 18, 2011 at 4:07 PM

    Derelict? Maybe. Worse than Weehawken or Stamford? Not really.

  37. Posted by guest | November 18, 2011 at 11:43 PM

    This time around, we don't even have to talk bullshit to offload our shitty subprime real estate to the little people.

    - soon to out of work UBS asset-backed securities MD

  38. Posted by Hiphopananomous | November 19, 2011 at 3:10 PM

    everyone…..all at once now……U….B…..S……Suuuuuccccccckkkkkksssss

  39. Posted by Guest CFA | November 20, 2011 at 12:16 PM

    Dropping your kids off at a derelict building occupied by trespassing anarchists who are repurposing conference rooms as unlicensed day care facilities has to be the NKI.

  40. Posted by sfa | November 20, 2011 at 8:12 PM

    UBS worst IB ever. THey are not going to have employees left.

  41. Posted by forum | December 4, 2011 at 9:01 PM

    "The building they have taken over at Crown Place belongs to, but is not occupied by, UBS and no business transactions take place there".

    They only occupy what belongs to you.
    "Business Transactions"??? and what the he** is that?

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