ubs

Entries Tagged as 'ubs'

Who should liquidate?

September 14th, 2009 8 Comments

Stacy Summary: Let me get this straight. The BIS warns that the derivatives still pose a systemic risk, and gold holders are urged by UBS, one of the biggest writers of derivatives of mass destruction, to take off your hedge against his bank’s toxic waste?

BIS reports turnover of derivatives up 16pc, warns they still pose [...]

Tags: derivatives · ubs

Headlines, Headlines, Headlines – 28 April 2009

April 28th, 2009 46 Comments

Stacy Summary: As Max says, “this is a fraud crisis”

Milan financial police seize $620 million from JPMorgan, UBS & Deutsche in alleged swaps fraud

AIG’s fall: Bad business or criminal acts?

Swine flu outbreak linked to factory farming

Lehman notes were sold to the mentally ill

Tags: aig · criminal acts · deutsche · fraud swaps · jp morgan · lehman notes · smithfield · swine flu · ubs

Headlines, Headlines, Headlines – 26 April 2009

April 26th, 2009 7 Comments

Stacy Summary: When the Queen announces how much she costs the taxpayer, the palace recently began qualifying that cost on a per person basis. So, in 2004, she only cost 2 pints of milk per person. I think our banking royalty (and that’s what they are until we decide to revolt against it, which we [...]

Tags: city pay · ubs

Headlines, Headlines, Headlines – 15 April 2009 [Updated]

April 15th, 2009 16 Comments

Stacy Summary: More unemployed Swiss bankers unable to leave their country for fear of the long arm of the American law. And Lehman collapse proving to be a huge financial stimulus for some people, maybe if we let more banks fail we would see a jobs bonanza in the US & UK?

UBS cuts 8,700 more [...]

Tags: china · copper · devaluation · endowment losses · fiji · goldman sachs · harvard · islamic insurance · lehman · pensions · suicide india · takaful · ubs

Headlines, Headlines, Headlines – 27 March 2009

March 27th, 2009 15 Comments

Pimco trial balloons, unaffordable mistresses, toxic bailout plans and, as we predicted in our 2005 hit, “Whitey is doing a runner” – whitey gets the blame for the financial crisis.

Pimco says Fed needs to double balance sheet to $6 trillion to ‘replace the amount of wealth lost’

The financial crisis is the fault of ‘the white [...]

Tags: aig · brazil · canary wharf · corrupt state · federal reserve · financial crisis · financial oligarchy · g20 · g20 protests · geithner plan · global currency · goldman sachs · imf · keiser chiefs · lula · max keiser · maxkeiser.com · mistresses · pimco · protest 2.0 · stacy herbert · swiss bankers · swiss banks · tax evasion · ubs · white people