There has been a great deal of media interest centred around the events leading to the loss at UBS in the summer of 2011. Since my release from prison the Financial Times and the BBC have led efforts to better understand what happened and why I had to take responsibility for the losses.
Deeper analysis by the Financial Times
During my time in prison, I began correspondence with Lindsay Fortado at the FT in order to try and better understand what had happened and begin to consider what lessons everyone could take from it. In a podcast and magazine article published in October 2015, Ms Fortado brought the first in-depth analysis of the events of 2011 to the world. I will always reject the Rogue Trader label that I live with because every decision I made at UBS was in an effort to achieve the bank’s goals. Indeed I take comfort from the fact it was recognised by my jury and the court that my actions were never undertaken for personal gain. Nevertheless, the lessons to be learned are deep and rich. Here is Lindsay’s take.
In Conversation with the BBC
By late summer 2016 it was decided that the wider public needed to understand my path to rehabilitation whilst considering whether it is in the public interest to deport me to Ghana. In three separate conversations with Kamal Ahmed for BBC Business News, John Humphries for Radio 4 Today, and Stephen Sackur at Hardtalk, I did my best to apologise for the losses that had occurred, explain that since culture and systems were at the root of the loss not enough had changed to prevent a repeat of this kind of failure, and that I am British in all but official assent for I have lived here for 25 years and am a product of the British Education and Finance System. This is my home and I am determined to make sure we find and share deep and valuable lessons from the extremely painful journey that I have been on.