A bank trader accused of fraud in connection with a $2.3 billion loss in unauthorized trading reported by Swiss giant UBS is "sorry beyond words," his lawyer said Thursday.
Kwaku Adoboli was remanded in custody until October 20 by the City of London Magistrates' Court.
In a statement to the court, lawyer Patrick Gibbs said his client was "sorry beyond words for what happened here."
FULL STORY
I'M SORRY... sorry i got caught!!!!
"I stole $2.3 Billion & I'm sorry!?" No, I'm sorry but sorry ain't gonna cut it! You better go find those billions with interest, or it's cement boots for you & your co-horts!!
http://michaelfury.wordpress.com/2010/09/10/ghosts-in-the-machine/
Kwaku = Kookoo Madoff = Made Off
Cmon people! look at the names...just look at the names...
ONLY 2.3BILLION?.. it's ok that's peanuts..
not peanuts...hulls
2.3 bil? That would be much better for funding my fridge than the $30/week I spend now....
Sorry he got caught.....Exactly! Well now he can afford a lawyer and I hope that 2.3 mil didn't go to funding war.
oops! Did I do that!
yes you did Scottish Mama
I'm sure he is very, very sorry...he didn't know what he was doing....yeah, right!
I'm with Ruffie; he's sorry he got caught, nothing more.
Yes he is sorry, sorry that he got caught. If I have the right guy in mind, he was smiling as police took him away. He really looked like a complete and utter idiot.
Oh, well if he's sorry...
Glad to see the 'BP response' (it's easy to apologize when you don't mean it) is catching on. Jolly good. I can't imagine why the public has a trust problem with the european financial sector. But at least he isn't killing refinery workers and destroying wilderness because he ignores maintaining his equipment and pipelines.
may I have at least one half of one percent of that money?
I know, right?
I'll take the other half of that one percent...don't want to confuse the beancounters...