Shell Gamed

Retail Investors Stuck Holding Auction Rate Securities

Before you say UBS "gets it", let's see the specifics of this "loan" (lending me back the money they stole, for a fee no less). If this is a permanent loan, with no penalty, maybe.

If this were a major breakthrough, don't you think that UBS would be trumpeting it across the media, especially given the public relations bath they've been taking?

I won't believe them until they show me the money. The last time I trusted UBS, I bought money market instruments and ended up with perpetual bonds.