Rogue traders
Former UBS trader Tom Hayes was jailed for 14 years for rigging the Libor market. How long could you go down for financial misconduct?
19 months (plus a £100,000 fine) in the case of Julian Rifat, former trader at Moore Capital, convicted of insider trading in March this year.
7 years in the case of rogue trader Kweku Adoboli, convicted of fraud in 2012 after trading at UBS without taking out parallel hedged positions.
Already a subscriber? Log in
Easter flash sale:
10 issues for $1
Subscribe this Easter and get the next 10 issues of the magazine, plus website and app access, all for just $1.
- Weekly delivery of the magazine
- Unlimited access to spectator.com.au and app
- Spectator Australia podcasts and newsletters
- Full access to spectator.co.uk
Or
Unlock 3 articles a month
You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.
Comments
Easter flash sale: 10 issues for $1
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
CLAIM OFFER 10 issues for $1Already a subscriber? Log in