Showing posts with label "TEN BILLION DOLLARS" UBS SINGAPORE "SWISS BANK" SUBPRIME MORTGAGE BUSINESS REAL ESTATE ASIA MIDDLE EAST MONEY TECHNORATI ADSENSE GOOGLE. Show all posts
Showing posts with label "TEN BILLION DOLLARS" UBS SINGAPORE "SWISS BANK" SUBPRIME MORTGAGE BUSINESS REAL ESTATE ASIA MIDDLE EAST MONEY TECHNORATI ADSENSE GOOGLE. Show all posts

Monday, December 10, 2007

UBS GETS A BIG INFUSION FROM SINGAPORE

10 Billion dollars has been invested in UBS from the government of Singapore. How can the Swiss Bank need help ? They have all the mystery and intrigue and secret numbered accounts. I thought they had the largest capital of any bank in the world.

Who would have known they were strapped for cash ? This latest trouble is blamed on the subprime mortgage business. Will Asia and middle eastern money buy out all of our banks ?