Bank of America, UBS, JPMorgan Sued Over Derivatives (Update1)

Discussion in 'Wall St. News' started by Banjo, Nov 17, 2009.

  1. Banjo


  2. Sounds similar to what Eron/Merrill Lynch were charged with during its scandals. Enron targeted the utilities in California as well.
  3. Why does UBS always seem to be on the list when discussing banks and illegal activities?
  4. AK100


    Trouble is they (whoever buys all these derivatives) sort of deserve what they get.

    Surely they must have learnt by now that when an investment bank comes calling offering to help it's odd-on they're going to get stuffed up.