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New York State sues UBS, alleges auction-rate fraud (Reuters)

Started by riky, July 24, 2008, 08:43:14 PM

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riky

New York State sues UBS, alleges auction-rate fraud
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - New York Attorney General Andrew Cuomo
filed a civil lawsuit on Thursday against UBS AG ,
accusing the Swiss bank of deceptively steering customers into
auction-rate securities that this year became impossible to
sell amid the credit crunch.</p><br clear="all"/>


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