accountInvestments backed by a German bank cannot blame UBS AG for $331 million in losses of subprime mortgage-backed securities due to the Swiss bank having no reason to make the securities fail, according to the company. http://www.law360.com/articles/417926/ubs-denies-it-tanked-mbs-to-cause-331m-in-losses Law 360 Eric Hornbeck read more...
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Reactions to UBS did not tank MBS to cause multi-million dollar losses
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