Posts Tagged ‘UBS’

NY Appeals Court Dismisses Fraud Suit Brought by Investors – Says Investors can take care of themselves.

Written on 4 Apr, 2012 at 4:57

Some are saying the case may set a precedent for the packagers of CDOs, making their only responsibility to disclose risks and conflicts of interest involved. A lawyer said to be "deeply involved" in the case, was quoted as... (Continue reading)

Credit Suisse Tells Bloomberg: “Mortgage Principal Cuts Don’t Help Homeowners?”

Written on 22 Jan, 2012 at 18:53

Reducing mortgage balances is a risky idea that hasn't been shown to keep borrowers who owe more than their property's worth in their homes, according to Credit Suisse Group AG. (CSGN). Suspending accounting rules is a risky idea that hasn't been... (Continue reading)

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