• 04 Jun 2014 at 10:37 AM

Kweku Adoboli Still Not Feeling That Guilty Verdict

Kweku Adoboli, the former UBS trader who caused a $2.3 billion loss through unauthorized trading, is trying again to get permission to overturn his conviction and seven-year sentence. Lawyers for Adoboli are scheduled to ask an appeals court in London today to grant him the chance to argue that the conviction should be thrown out. His initial claim was already rejected by a judge in July 2013, without a hearing taking place. Adoboli was convicted in November 2012 of two counts of fraud for causing the loss at the bank’s London unit. He argued at trial that managers at Zurich-based UBS pushed him to take too many risks and that rule-breaking at the bank was rampant. While he admitted causing the loss, he said it wasn’t done dishonestly. [Bloomberg]

12 comments (hidden to protect delicate sensibilities)
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Comments (12)

  1. Posted by Really? | June 4, 2014 at 10:52 AM

    Rulebreaking was rampant but not dishonestly.

    Cool story bro

  2. Posted by Jeff Mackerel | June 4, 2014 at 10:56 AM

    Bridge Over the River Kweku

  3. Posted by ex-banker | June 4, 2014 at 10:56 AM

    What's this guys problem??? He is a brotha aka shower not grower. I'd kill to have his flacid length. My shriveled sorry excuse of a male reproductive organ warrants me no respect in the health club locker room! Pee sitting down, pee sitting down! Come on fuckers you know the words!

  4. Posted by The Fat Cobra | June 4, 2014 at 11:47 AM

    Why the long snout, gloomy gus?

  5. Posted by FatGuySkinnyTie | June 4, 2014 at 11:54 AM

    On your mark ready, set lets go,
    trade floor pro
    I know, you know, that judge's psycho
    when that convinction hit
    can't let it stick
    gotta get legal with it
    dude that's it

    My money money can't hide
    and why? regs up in my eye
    I gotta, lotta, debts i can't quit
    figured UBS would sell my skin,
    Mama lookin at me
    Scolding her kid
    Wishin I worked a different gig
    stead of doin what I did,
    TR star right from Accra-Accra
    Not really though
    grew up in Shoreditch

    Wekway the an-may in the ail-jay ell-say
    Indebted for life makes me feel like erviel-kay
    Yo, my leverage was infinite (haha)
    Big Kweky style's all in it.

  6. Posted by Donny Sterling | June 4, 2014 at 12:36 PM

    I hope dwayne wade starts feeling better, finals coming up

  7. Posted by EVERYONE | June 4, 2014 at 1:42 PM

    Shut

    The fuck

    UP

  8. Posted by Guest | June 4, 2014 at 1:55 PM

    Anyone?

  9. Posted by DumBO | June 4, 2014 at 2:00 PM

    dude, no

  10. Posted by guest | June 4, 2014 at 3:57 PM

    2.3bn loss, 3bn loss, 1bn loss, who's even counting anymore?

    -UBS MD

  11. Posted by guest | June 4, 2014 at 4:30 PM

    I liked it.

    -whispery guest

  12. Posted by guest | June 4, 2014 at 4:30 PM

    I just…what?