UBS Could Be on the Hook for $10B+ over Nazi Accounts: Report

UBS could soon face calls to pay out billions of dollars more to the families of Holocaust victims thanks to the efforts of a powerful billionaire who believes the bank didn't pay enough more than 25 years ago, according to Bloomberg.”

Thoughts?


From financialadvisorIQ

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UBS just can't catch a break. I'm probably going to get crucified for this take but honestly though at a certain point we're going to need to close the books on this one. Or what else, we're going to need repayments for the Ottoman Empire? Napoleon? Genghis Khan? These claims should have been settled long ago, like Marshall Plan or Nuremberg Trials long ago

 

Don’t be salty just because you are a coworker, of coworkers, of coworkers, of coworkers, of coworkers who were Nazis or helping the Nazis

 

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