"IT'S GOOD TO BE THE KING"

(h/t Atrios and Mel Brooks)

This is another tidbit from the World the MOTU have made for the rest of us:

The bank's statement comes as UBS boss Oswald Gruebel insisted he would not resign over the incident.

"I'm responsible for everything that happens at the bank," Mr Gruebel told Swiss Sunday newspaper, der Sonntag. "if you ask me whether I feel guilty, then I would say no."