The Trader Who Took On UBS: The Tom Hayes Saga Continues episode artwork

EPISODE · Jul 21, 2026 · 1H

The Trader Who Took On UBS: The Tom Hayes Saga Continues

from Employee Survival Guide® · host Mark Carey | Employment Lawyer & Employee Advocate

Send us Fan MailWhat happens when a corporation decides to sacrifice an individual to save its own skin? This episode of Employee Survival Guide® dives deep into the gripping legal saga of Tom Hayes, the former UBS trader who found himself at the center of a scandal that rocked the financial world. After serving five years in prison for allegedly manipulating LIBOR rates, Hayes is now fighting back, suing UBS for malicious prosecution. He argues that the banking giant scapegoated him to deflect blame and protect its executives, raising critical questions about corporate accountability and the ethics of self-preservation. Join Mark Carey and his co-host as they unravel the complexities of Hayes' case, including the controversial corporate investigation known as 'Project Chocolate' that seemingly targeted him. This episode is not just about one man's fight against a powerful institution; it’s a broader exploration of employee rights, corporate governance, and the lengths to which companies will go to maintain their reputations. How do corporate interests intertwine with individual rights in the workplace? What does this mean for employees navigating the tumultuous waters of employment law? Throughout the discussion, the duo examines the legal strategies employed by both Tom Hayes and UBS, scrutinizing the evidence, affidavits, and the broader implications of outsourcing criminal investigations to corporations. This episode is a must-listen for anyone interested in workplace culture, employee advocacy, and understanding the rights of employees in a system that often favors corporate power. As we dissect the ramifications of this case, we invite you to reflect on your own experiences in the workforce. Are you equipped with the knowledge to negotiate severance, understand employment contracts, or advocate for yourself in a hostile work environment? With insights into workplace discrimination, retaliation claims, and the importance of employee empowerment, this episode serves as a vital resource for navigating employment disputes and ensuring fair treatment in the workplace. Don’t miss this eye-opening discussion that not only sheds light on Tom Hayes’ battle but also equips you with essential tools for survival in today’s complex work landscape. Tune in to the Employee Survival Guide® and become an informed advocate for your rights!  If you enjoyed this episode of the Employee Survival Guide please like us on Facebook, X and LinkedIn.  We would really appreciate if you could leave a review of this podcast on your favorite podcast player such as Apple Podcasts and Spotify. Leaving a review will help other employees find the Employee Survival Guide.  For more information, please contact our employment attorneys at Carey & Associates, P.C. at 203-255-4150, www.capclaw.com.Disclaimer:  For educational use only, not intended to be legal advice. 

Episode metadata supplied by the publisher feed · Published Jul 21, 2026

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Send us Fan Mail What happens when a corporation decides to sacrifice an individual to save its own skin? This episode of Employee Survival Guide® dives deep into the gripping legal saga of Tom Hayes, the former UBS trader who found himself at the center of a scandal that rocked the financial world. After serving five years in prison for allegedly manipulating LIBOR rates, Hayes is now fighting back, suing UBS for malicious prosecution. He argues that the banking giant scapegoated him to defl...

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