What happens to UBS? Poll

If they lose their license to operate as a bank in the U.S?

http://www.guardian.co.uk/business/2...29/ubs.banking


To sum it up, UBS is under a number of investigations involving hiding money for wealthy Americans so they can avoid paying taxes. The U.S has cornered UBS and said that either UBS opens up it's books (which violates Swiss secrecy banking laws in Switzerland) or it losses it license in the U.S.
I have spoken to a few friends that work for UBS and they said not a chance in hell will they open up their books because it would expose non Americans as well ( the U.S blackmailing? Nooo ) So it looks as if UBS would rather lose its license. So then what becomes of this mega bank when that happens? I think they will end up as a private bank for the wealthy and let Credit Suisse take over the helm. Either way UBS is up shit creek without a paddle.

I really don't think 4 is even an option, I don't know why I put it there.

unless UBS is one of the 'gang' that includes JPMorgan and Citi, it will go bust or 'rescued'..............

is UBS a major player in the OTC derivatives market ? if yes, it'll be rescued after going bust like Bear...........

maybe some sovereign wealth fund will get conned or forced into dumping more money into UBS and others.

UBS is the largest manager of other peoples money. Minimum account is $150,000 for non swiss. So yes they are heavy market players and this will effect the market. They will not be bailed out because they are not a U.S company but I doubt the Swiss Nation Bank will left them default either. I have an account with them and another Zurich bank. I still feel that my money is safe with them. But if they lose the U.S license then they will lose A LOT of money.

Oh, yeah. They also have the worlds largest trading floor in the world.

http://advancedtrading.com/photos/tr...N?galleryID=20


http://i.cmpnet.com/financetech/gall...l/DSC_0672.jpg

then your money is safe as UBS is considered 'too big to fail' and besides, if UBS were to fail then many big banks will fall too and you won't be alone in this worst case scenario...........

many people will be crying rivers of tears............

UBS can count on Singapore to keep dumping all that money in.........Singapore will keep dumping money in UBS and other big banks until the national reserve is wiped out..........this is not a joke.