ZagnZig

Risks Abound at UBS

Totally incorrect - UBS does not trade above its peers - it does not! The price-to-book of UBS is exactly even to peers - using Swiss francs currency. You are comparing CHF to US$! You wrote:"UBS trades at a 105% premium to its peers' average price-to-book multiple (P/B), and a 18% premium to the group's average price-to-earnings multiple (P/E) for 2009."

UBS is backed by the full faith of the Swiss Govt - they created a toxic fund to remove the bad loans from UBS balance sheet. The bank is profitable qrt-over-qrt and in fact has one of the best franchise values in banking. UBS is the only bank to have cracked the CHINA banking and is considered a must have with the Chinese. Now is the time to buy UBS - you will double your money in 1 year.

Get your facts straight!