UBS = Used to Be Smart or U've Been Subpoenaed?

The good news just doesn't stop for UBS.

First private banker Bradley and his starring role in the US Senate's Tax Haven Banks and US Tax Compliance report. New pinstripe suit for Bradley, courtesy of the US penal system.

I won't mention Guttenberg as that's not private wealth but another black eye nonetheless.

The next fish up the food chain which was Bradley's boss, Marty. Detained and questioned and probably sang like a bird under intense waterboarding in Miami. See, sometimes it is better not to be too big in the organization.

So now they taking a shot at board member and GWM BB head, Raoul. 5-years behind bars if convicted. So run the risk of fighting it in the US or just stay within the friendly confines of the Alps where there is no extradiction? Decisions, decisions?

All 3, by-the-way, are co-defendants in the suit from the ungrateful "Mr O".

Un-Believable Shit.