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UBS Pays Lip Service (at Forbes.com)

LONDON - Swiss bank UBS's grand plan to offload some of its unpalatable mortgage-backed assets and reduce its risk doesn’t seem to amount to much at all. On Wednesday UBS (nyse: ) fell 3.3%, or 1.04 Swiss francs ($1.01), to 30.70 Swiss francs ($29.84) in afternoon trading in Zurich as it unveiled... [read full story]                    

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