Ben5266 Supercharged June 9, 2012 Share June 9, 2012 Am watching cnbc now. Reported by Maria bartiromo. UBS loss on Facebook trading may be $350 million. Out CPF money.... ↡ Advertisement Link to post Share on other sites More sharing options...
Vega Turbocharged June 9, 2012 Share June 9, 2012 $350M is just petty cash to them. Link to post Share on other sites More sharing options...
I-LOVE-CARS 1st Gear June 9, 2012 Share June 9, 2012 $350M is just petty cash to them. wtf!! Again Link to post Share on other sites More sharing options...
Fcw75 Hypersonic June 9, 2012 Share June 9, 2012 When you are investing with other people's money and there's no repercussion if you made a loss, will you care? Link to post Share on other sites More sharing options...
Tayspiderx 3rd Gear June 9, 2012 Share June 9, 2012 U dun sell u dun lose Link to post Share on other sites More sharing options...
Throttle2 Supersonic June 9, 2012 Share June 9, 2012 (edited) I read that it's $30mil and due to nasdaq screw up so theycould get compensated? Edited June 9, 2012 by Throttle2 Link to post Share on other sites More sharing options...
Vid Hypersonic June 9, 2012 Share June 9, 2012 I read that it's $30mil and due to nasdaq screw up so theycould get compensated? The losses on Facebook far exceed the compensation. It's probably not going to be accepted anyway. Link to post Share on other sites More sharing options...
Jman888 Moderator June 9, 2012 Share June 9, 2012 did they invest before the ipo? if yes they probably still gain . Link to post Share on other sites More sharing options...
Ben5266 Supercharged June 9, 2012 Author Share June 9, 2012 did they invest before the ipo? if yes they probably still gain . No. They are not involved in the ipo. The link to the report. http://www.cnbc.com/id/47739332/UBS_May_Ha..._of_350_Million UBS admit loss but not admitting the amount. http://www.4-traders.com/UBS-AG-9365071/ne...erial-14363245/ Link to post Share on other sites More sharing options...
Si4dr 5th Gear June 9, 2012 Share June 9, 2012 When you are investing with other people's money and there's no repercussion if you made a loss, will you care? Worse is the top level still getting huge bonus..... Link to post Share on other sites More sharing options...
Sdf5725 1st Gear June 9, 2012 Share June 9, 2012 Am watching cnbc now. Reported by Maria bartiromo. UBS loss on Facebook trading may be $350 million. Out CPF money.... why UBS so stupid go for Facebook trading. Link to post Share on other sites More sharing options...
So_nice 6th Gear June 9, 2012 Share June 9, 2012 why UBS so stupid go for Facebook trading. UBS is wat? Link to post Share on other sites More sharing options...
Sdf5725 1st Gear June 9, 2012 Share June 9, 2012 UBS is wat? UBS Link to post Share on other sites More sharing options...
So_nice 6th Gear June 9, 2012 Share June 9, 2012 Wat is it gotta do wif our cPf money as mentioned by some? Our GICs got share in UBS? Link to post Share on other sites More sharing options...
Greene1 Neutral Newbie June 9, 2012 Share June 9, 2012 I read that it's $30mil and due to nasdaq screw up so theycould get compensated? much appreciated -bump- Link to post Share on other sites More sharing options...
Darthrevan Supercharged June 9, 2012 Share June 9, 2012 why UBS so stupid go for Facebook trading. its the same for sinkies who voted in the MIWs Link to post Share on other sites More sharing options...
Asd78 Clutched June 9, 2012 Share June 9, 2012 whose money? clients' money or bank money? Link to post Share on other sites More sharing options...
Antlau 1st Gear June 9, 2012 Share June 9, 2012 Wat is it gotta do wif our cPf money as mentioned by some? Our GICs got share in UBS? Yep... GIC is one of the shareholders, but heng ahh... not the biggest F... but still, a loss is a loss.... http://www.ubs.com/global/en/about_ubs/inv...ignificant.html ↡ Advertisement Link to post Share on other sites More sharing options...
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