Thursday, January 24, 2008

Note Comment 31

Oct 2007: Humiliation of UBS

Anyone with a functional cerebral cortex working in the debt markets has been onto the Euro sham for at least 15 months. ClubMed banks (French, Italian, Spanish, Greek and Portuguese) are in this CDO nigthmare to the hilt. They will make British and American banks look like paragons of virtue.

Posted by lvmreader @ 09:45 AM (2008 views)
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