"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Thursday, October 13, 2011

UH-OH: FITCH LOWERS RATING OF UBS - A SWISS BANK

DUE TO THEIR EUROZONE DEBT EXPOSURE.

AND 12 OTHERS ARE GIVEN WARNINGS...

DESPITE THE CLEVER PR FROM THE EU NATIONS, THINGS ARE NOT YET UNDER CONTROL...

IF THE SWISS BANKS ARE BAD, THEN WHAT BANKS CAN POSSIBLY BE GOOD?

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