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Ryan's District  > RD Today > Business News > Fox News: New York Sues UBS, Alleges Auction-Rate Fraud
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« on: July 25, 2008, 03:43:26 PM »
New York Sues UBS, Alleges Auction-Rate Fraud
     

New York Attorney General Andrew Cuomo filed a civil lawsuit Thursday against UBS AG , accusing the Swiss bank of steering customers into auction-rate securities that this year became impossible to cash out of amid the credit crunch.
     

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« on: July 25, 2008, 03:43:26 PM »
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