by George Dorgan
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Switzerland is well known as the country, where even central bankers were allowed to do insider trading. A country where supervision generously closes the eyes when confronted with the problem. Instead of the real delinquents, the whistle blowers get problems with the courts. Some new cases of insider trading include UBS, General Electric and Valiant, see the article on cash. At the same time, an initiative for more for transparency on income of politicians, does not have success.
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers.
George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.
Tags: Switzerland,Transparency,UBS
