UBS to enter talks with Michael Klein to terminate First Boston deal (FT)
Just out from FT.
"We are not here to enrich Michael Klein at the expense of our shareholders" - UBS -
There goes his pay day lol
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Sometimes that's just how it goes, I doubt many would have predicted something like this happening but even then sometimes you bet big and you lose. I'm sure he's still rich as shit and will continue to go make more money whenever he gets to go back to doing his own thing.
Maybe at least he can buy a mansion in the Hamptons with the break-up fee.
Oof. No way the internship goes through then.
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