Its Malus Time

It's Malus Time It's Malus Time UBS has become the principal significant bank to sanction official reward clawbacksor maluses. No joke: underthe Swiss giant'splanned new compensation framework, brokers could really get negative pay.In other (no) reward news, New York Attorney General Andy The New Spitzer Cuomo refered to ongoing declarations by UBS just as Goldman and Barclays abridging official motivator comp while reminding AIG that it best not be tossing any unresolved issues big enchiladas.