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Old 10.10.2008, 14:25
Nev
 
Posts: n/a
Re: How Safe is UBS

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FT today
"Reykjavik’s decision to default on the compensation it owes to foreign investors shows that, despite assurances by national governments, there is no such thing as a cast-iron guarantee. Marton
Well some national governments. To be fair, I think there's a difference between the government of a country of 300 thousand people and a country of 300 million people. At least that's what the strength of the USD and the yields on US treasury bonds are telling you.
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