Think before jump in - Anonymous employee UBS Employee Review

future uncertain with 2008 big write-down "Not only is UBS guilty of committing a flagrant breach of trust between the bank and its customers, its top executives jumped ship as soon the securities market started to collapse, leaving thousands of customers holding the bag," said Cuomo, who wants the company to buy back the auction-rate securities from customers at par. UBS said it plans a vigorous defense of the charges, which were filed in state Supreme Court in New York.