Friday, June 26, 2009

Scoping - 6.26.09

Man In Suit Slams Fist On Desk - Familiar for anyone? [The Onion]

Japan attacks Citigroup standards
- Who knew Citi had standards in the first place? [BBC]

UBS problems to remain after $3.5 billion capital hike
- "Investors welcomed UBS plans to raise 3.8 billion Swiss francs ($3.5 billion) of new capital but said the bank will not turn the corner until it stems client withdrawals and settles U.S. legal problems." UBS has had a rough week. Possibly naming names. Jefferies stealing employees. What's a Swiss bank to do? OH, I know. Take more sketchy non-American money. Sphere: Related Content

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