UBS derivative seller: "I would have a money machine" – Inside ParadeplatzInside ParadeplatzInside Paradeplatz

Grossbank praised currency products as a last cry, now it urges customers to dissolve the dollar bet – under horrendous losses. The derivatives scandal of UBS is wreaking misery on countless Swiss middle class customers, pensioners and wealthy people. Their consultants, under the guidance of the responsible top management, praised the dollar and other currency products as particularly profitable. He had "a money machine", for example, said one t…