Other banks, too, agreed to reimburse clients stuck with illiquid securities, but what distinguished the UBS case was the allegation that top officials knew the market was collapsing and nonetheless moved to dump its inventory onto unsuspecting clients.
A1 Refunding Lobbyist's Money President Bush and senior Republican lawmakers moved to dump thousands of dollars in campaign donations from Jack Abramoff, the former lobbyist, hastily distancing themselves as he pleaded guilty to two more criminal counts under his agreement with prosecutors.
At the very least he seems to have enjoyed leaving false trails as he moved to dump his Norilsk stake.
Another is they could move to dump the despicable near shakedown racket that city officials have run for years that criminalizes virtually the city entire black population.
While the Lewis book no doubt caused some 60 Minutes retail investors to pull their money out of stocks, professional traders haven't really been moved to dump equities by the notion that their customers are being nano-skimmed.
The unhappiness inside Liberal ranks burst into the open last weekend when a former prime-ministerial spokesman, Ray Heard, told the Toronto Star, Canada's bestselling newspaper, that he supported a move to dump Mr Dion "before it's too late .That outburst was triggered by a peculiar deal Mr Dion made with Elizabeth May, the leader of the Green Party.
Investors have been heartened and earnings bolstered by Qualcomm's move to dump unprofitable operations and concentrate on its core businesses.
Now some insiders are finagling a move to dump him at their convention in Cleveland.
Boasting a starry cast with the likes of Jeremy Irons, Kevin Spacey, Paul Bettany, and Demi Moore, Margin Call trains a laser-like beam on the players at a giant Wall Street firm over a roughly twenty-four hour period preceding the world economic meltdown, taking them from horrified discovery of worthless securities, to the final move to dump the firm's toxic assets, collateral damage be damned.
Similar laws have been scrapped in all other states except Queensland where the government has announced it will move to also dump such provisions.
