UBS reportedly cutting staff and taking a(nother) writedown

Recent Comments:

• Sean Lee: Understood Solange, I’ll pass your comments on to him. We do try our best to ensure that no inappropriate comments pass through.
• Solange: Sean, it’s about 1:00 pm here in China right now and I have to teach in 20 minutes, so I won’t be around when Gerry roars onto the website....
• Steve: Really how interesting!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!
• hart: Well I just picked up 12 pips in aud. Wait for another little dip and work it again. Try and get good position before europe.
• Tajul Akbar Bin Ismail: Yen, Dollar Gain on Concern Over China Tightening, Greece Aid … http://www.bloomberg.com/apps/ news?pid=20601080&sid=aQ1H NHZkoI0M
• Sean Lee: Well that’s right, (apart from the effect of a reval on all those USD-denominated assets they own)
• hsbc: if that is the case then it shouldnt matter to them whether they reval or not? agree?
• puks: Thanks Sean. If it gets there in early EU stop hunt, i might just unload my trapped shorts and enter longs. thanks
• Sean Lee: Hi Puks. It’s difficult to guess what cable will do based on price action here in Asia. Early Europe will give us more information. At the moment,...
• Tajul Akbar Bin Ismail: There is talk of stops starting to build below 1.3680 that may come into play when Europe opens