UBS on a Trillion Dollar Meltdown

Interesting discussion from the FT (3 parts) with George Magnus, UBS senior economist advisor:

click for video

Thanks, Dominique!


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FT, February 25, 2008

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What's been said:

Discussions found on the web:
  1. shtove commented on Feb 25

    Gillian Tett didn’t ask him about UBS writedowns. How jolly polite!

  2. E commented on Feb 25

    “I think a bailout of homeowners in the United States is as close to a surefire thing as I can imagine”.

  3. Carment commented on Feb 25

    “Bailout of homeowners” or bailout of the lenders? Hear the spin.

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