8,000 Layoffs at UBS

Discussion in 'Wall St. News' started by avarus, Mar 17, 2008.

  1. avarus


  2. Trader50


  3. Oppenheimer's Meredith Whitney said today on TV that the "tangible" book value for UBS is $11.00 per share.

    Stock closed off 3.10
    at $24.66
  4. I've been trading a Looooooooooooooong time.
    I respect Art Cashin who comments on CNBC.
    I have listened to and watched Art speak for 20+ years. He goes back to the days when CNBC didn't exist and there was fnn and I have watched him since.
    I see fear in his eyes and his mannerism as of late. The man looks worried to me. This is just what's coming across to me and what I am sensing and the vibe I picked up on him the last few weeks.
    Art is in charge of Floor Operations for UBS.
  5. paden


    I haven't been watching lately, but saw him, maybe Friday? I must agree, I picked up on that fact. He didn't look, sound, etc, like he normally does. Frustration, fear, anxiety... not sure what it was.