According to lawyers for Kommunale Wasserwerke Leipzig GmbH, its consultants on its derivatives deal were close with former UBS AG employee Steven Bracy, who at one point hired strippers for them while the utility company was in the midst of its swap deals negotiations with the Swiss bank.
Former Societe Generale trader Jerome Kerviel has turned himself to French police before the midnight deadline set after he conducted a 1,400-kilometer walk from Rome to Paris in protest of the "tyranny" of financial systems, Bloomberg reported.
US District Court Judge James Boasberg on Thursday declared that the registration requirements for gun owners in District of Columbia were constitutional, The Associated Press reported.