Thursday, July 5, 2007

Wiffli Out at UBS

I think it's fair to say that in large part all roads point to the Dillon Read hedge fund debacle in this ouster. You're only as good as your last quarter in many instances, and three quarters of declines were enough for the UBS AG board. It kinda makes me wonder if anything else in lurking at UBS that has yet to be announced. Why ousting caught UBS chief by surprise

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