more bad news after the close--UBS

Discussion in 'Trading' started by NY_HOOD, Mar 14, 2008.

  1. NY_HOOD

    NY_HOOD

    UBS UBS AG: CNBC commentator says UBS is possibly looking to resume sale of Paine Webber unit due to the worsening credit crisis; the resumption of the sale could come back very soon (27.76 -2.53) -Update-

    CNBC commentator says that UBS is possibly exploring the sale of the brokerage unit to raise cash... says not sure how much money they could get for the unit.
     
  2. The cockroach theory...