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UBS hits back

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UBS hit back angrily at a French tax verdict a day after it was hit with a record $5.1 billion penalty, calling the decision a “copy and paste” of prosecution documents.

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How The Mighty Can Fall On Wall Street

The New York Times has reported Geraldine Fabrikant's tale of Peter Jaquith, a former partner at Lazard Freres, who went from hero to zero in quick order due to drink, drugs and not a little arrogance.

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