Comments on: UBS surprises with break-even forecast

By: Sean Sweeney

Sean Sweeney — Sun, 13 Jul 2008 20:57:32 +0000

It is very strange to see the massive strugles of the investment bank superpowers. UBS is in real trouble here along with several other banks. You would think that they would be able to pull through esspecially with the tax help, but as we saw from the Bear Stearns earlier this year liquidity issues can be deadly. Seems to me UBS is sending the same warning signs as Bear. Investors beware Bear Stearns stock prices went from well over $100 to $2 when JP Morgan aquired them.

By: Chris Hayes

Chris Hayes — Sun, 13 Jul 2008 20:39:11 +0000

This is another issue of rumors from the truth. It looks like UBS is in trouble, but there forecast is expected to be break even. So you’re not sure who to believe. In the short term UBS might have keep investors, but we will see long term if they stay with UBS.

By: patrick king

patrick king — Sun, 13 Jul 2008 01:16:06 +0000

where to begin…the ratings agencies are now laying into everybody and being extra stingy with ratings to try and cover their crookedness or incompetence when rating issues over the past decade. Their mis-ratings earlier on CLO’s, CDO’s and the like and their hammering of companies now has greatly contributed to the market’s loss of confidence and disallusionment with securities and securitization. Of course, maybe their lie was the only thing that allowed the securities to be sold in the first place. Who knows if UBS is really in trouble. I’m sure that the ratings agencies are at least partly to blame if they are.

By: Jacob Hess

Jacob Hess — Thu, 10 Jul 2008 03:31:17 +0000

It sounds really iffy to me. I definitely wouldn’t be one to invest in it, but at the same time, I wouldn’t bet that it’d go down either. It seems like maybe sitting on your hands would be the best possible thing to do with this stock.

By: Tate Kirk

Tate Kirk — Thu, 10 Jul 2008 00:24:21 +0000

UBS is definitely in trouble. I know a friend that had been working there for almost 5 years that was just recently laid off. Not to mention how disappointed many of my other friends that were interested in working there after graduating this spring were.