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Shareholder Report on UBS's Write-Downs

Joined
6/5/07
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348
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At Monday's "Valuation in Crisis" event, Charles Smithson recommended the UBS Shareholder's report for a discussion of the structured credit valuation issues affecting the firm.

www.ubs.com/1/ShowMedia/investors/topics?contentId=140333&name=080418ShareholderReport.pdf

It's 50 pages and I haven't read it yet. I presume it speaks to a non-quant audience about balance sheet issues, but a good quant will understand all perspectives... should be worth a glance at least.
 
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