Yahoo! Finance
03-29-2008, 08:01 PM
<b>Yahoo! Finance: Mutual Fund News
UBS AG said Friday it is cutting the value of auction-rate securities in its brokerage customers' accounts, the first confirmation that problems with the securities have eroded the principal holdings of investors.
More... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080328/ubs_auction_rate.html?.v=1)
UBS AG said Friday it is cutting the value of auction-rate securities in its brokerage customers' accounts, the first confirmation that problems with the securities have eroded the principal holdings of investors.
More... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080328/ubs_auction_rate.html?.v=1)