The Auction Rate Securities Mess

If you are curious to know more about the headlines regarding losses on auction rate securities, here is a new lawsuit filed against UBS that outlines some of the background and issues.












For a sense of investor’s surprise, see our latest top pick:

A False Sense of Security
At RegisteredRep.com and prior blog entries on the Maher Brothers’ losses:

Maher Brothers Make $1.1 Billion Claim Against Lehman
American Shipper

Lehman Brothers Recent Stock Price
Yahoo Finance