Beliefnet News

The Financial Times is reporting that before an unauthorized trader at the Swiss investment firm UBS lost $2 billion in trades, he posted on his Facebook account: “Need a miracle.”

Although the firm has yet to identify the alleged rogue trader, police reportedly have taken into custody 31-year-old Kweku Adoboli. On his Linkedin account, he lists that he works as a “director in European equity trading” for the Zurich-based bank.

His Facebook profile has been taken down, but the Financial Times reports his final entry offered the request for divine intervention.

In 2008 a similar trader, Jerome Kerviel lost the French bank Societe Generale $6.8 billion.

Join the Discussion
comments powered by Disqus