Case 1: Wealth Management Crisis at UBS

Questions:

1. In your opinion, to what extent did the government and national culture play in the scandal? And to what extent did corporate culture contribute to the scandal?

2. Without the Global Financial Crisis, do you think the scandal would have been reasonably uncovered, or would they have lingered? If yes/no, please explain.

3. Does it matter who or what entities could have been impacted by the scandal? What if net/net there were no losses incurred?

4. In your opinion, is the next scandal already underway, and are we just waiting for the next recession to find out what is currently going on? Please explain.