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oggi ho imparato un po' di gergo interno delle banche...
A court orders UBS (UBS) to post a $35M bond after it finds 'probable cause' the Swiss bank committed securities fraud in its sale of CDOs to Pursuit Partners. The CDOs were supposedly investment grade, but UBS employees referred to them internally as 'crap' and 'vomit.'
oggi ho imparato un po' di gergo interno delle banche...
A court orders UBS (UBS) to post a $35M bond after it finds 'probable cause' the Swiss bank committed securities fraud in its sale of CDOs to Pursuit Partners. The CDOs were supposedly investment grade, but UBS employees referred to them internally as 'crap' and 'vomit.'