UBS, the major Swiss Bank is participating in the US subprime debacle with a 4 billion $ loss in 2007 . Nevertheless the UBS employees get boni of 8 Billion $! A loss of 18 Billion $ was piled up by the US investsment banking branch with about 200 employees, which could not be compensated by other branches in the bank. Certainly the the other 22 000 employees who did a good job want their pay as defined in their 2007 measurement plans. Nice to a be a banker and get big bonus money regardless how good the overall performance of the company is.
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