Category: Year 2009

UBS trading loss to $2.3B

Swiss bank UBS has increased the loss it expects from its rogue trading incident to $2.3 billion from the $2 billion figure earlier provided. The bank said Sunday it has “now covered the risk resulting from the unauthorized trading” and its equities business “is again operating normally within its previously defined risk limits.” UBS says […]

Anti-Gadhafi forces battle again

Revolutionary forces entered Gadhafi’s birthplace of Sirte Saturday. At least 100 cars were seen entering the Mediterranean city in another attempt to take control. The Misrata Military Council reported clashes south of the Al-Gordabia military base and said at least three anti-Gadhafi fighters were killed. NATO planes, meanwhile, bombed targets in the Sirte area Friday. […]

James ‘Whitey’ Bulger – The “Hannibal Lecter of South Boston”

NAME: James “Whitey” Bulger AGE: 81 DATE OF BIRTH: Sept. 3, 1929 FAMILY: Grew up in South Boston. His younger brother, William, was one of the most powerful politicians in Massachusetts, leading the state Senate for 17 years and later serving as president of the University of Massachusetts for seven years. William Bulger testified about […]