Originally, this trader booked gains of 1.4 billion euros for 2007. After realizing the fraud that was committed, the impact was a 6.3 bn euro impact (so an overall loss of 4.9 bn euros). What would be the impact on each of the 3 financial statements? Thanks for the help.
| +433 | Don’t work at UBS - UBS Sucks | 39 | 37m |
| +327 | Article - UBS’ Investment Bank Keeps Losing Ground | 41 | 4d |
| +182 | Should My Intern Get a Return Offer? | 53 | 1h |
| +63 | When to Leave Office as Intern | 8 | 5d |
| +55 | F*ck it I'm Going to Med School | 19 | 23h |
| +39 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 5d |
| +38 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 29 | 21h |
| +34 | Living in greenwich as an analyst? | 6 | 1h |
| +32 | STEM student lost in London IB recruiting | 18 | 4h |
| +26 | lateral hire from Corp Dev to ECM IB (No IB experience) | 10 | 15h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Labore velit deleniti nulla non accusantium rem. Iste nihil repellat dignissimos earum architecto. Est possimus nam quia voluptate esse quis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...