[quote=borei]

" The balance sheet has been cleaned up."

ROTFLMAO! 

Do avoid giving people advice on stocks, at least until you can read a financial statement.

http://www.reuters.com/finance/stocks/financialHighlights?symbol=UBSN.VX

[/quote]

borei-You also got a major axe to grind.   

Nothing will change your mind about UBS.

If they cure cancer,

hire jamie dimon,

make more money then anyone.

.......you will still serve up your

HATE_OR_AID 

which is fine.

My comments are about UBS-WM-USA. 

I'll bet he turns this place around and I bet it happens quickly.

These are some smart people and teh changes they have made already are impressive.

It does not take long.  I have seen it before.

These poor long term UBS guys are like deer in the headlights.  

As far as those Swiss pr%$cks...............no clue.  

I hate them.

My dream would be that mccann and the boys spin this bi%tch off to retro old school Steifel/AG Edwards model and offer private equity ownership to us.

As far as "reputation" .  does it really matter anymore?  

the public is desensitized.   

they hate all of us    

Goldie.    smartest MF on the planet.   

SAVED the company when the idiots liek Jimmy Cayne tanked their firms. 

and GS in crosshairs.   insane

they should be getting awards for brilliance.

firm name does not mean crap anyone.  (advantage=indy   i get it)

the one good thing about UBS is most people dont know who the hell they are.

oh, you work at UBS?   cool.   i connect stuff to my PC with your firm. 

I’m in love-- Marry me, Jennifer!

Jenn is a dude

Damn, I’m a lesbian!

"As far as "reputation" .  does it really matter anymore? "

Whistling past the  graveyard. 

Borei,

U truly are the only thing btw us and the BS!

the small swiss firm does not have the size or resourses to compete on the big stage and they get under cut by the discounters.....a bad place to be.....

[quote=Lew Ashby]Damn, I'm a lesbian![/quote]

Lew,

You're a gal?

There is much gender confusion here.   But,  if this is true

are you hot?

[quote=borei]

"As far as "reputation" .  does it really matter anymore? "

Whistling past the  graveyard. 

[/quote]

OK

Tell me which firm the average main street dude trusts?

goldman?

chase?

merril?

bac?

fannie?

wachovia?

indy?  (stanford, madof)

name one

The average main street dude trusts the advisor. When the advisor is with a firm that is run by criminals and idiots, that affects the perception that the average main street dude has of the advisor. 

Look if you don't mind that UBS LIES to you about the revenues you generate, LIES to your clients about basics like account fees, cash management tools and research, well, be happy, drink koolaid.

[quote=borei]

The average main street dude trusts the advisor. When the advisor is with a firm that is run by criminals and idiots, that affects the perception that the average main street dude has of the advisor. 

Look if you don't mind that UBS LIES to you about the revenues you generate, LIES to your clients about basics like account fees, cash management tools and research, well, be happy, drink koolaid.

[/quote]

OK  whatever

You hate em.  i get it

With that hate, I hope for your sake your gone.

"OK  whatever"

No care at all about the lies, the lack of integrity or the real world? What a great advisor you must be.

Borei, you’re a hater, and you BORE me!

I hate lies, yes. And the fakirs who give our industry a bad name, yes. If the truth bores you, well YAWN, so what?

Who’s been lying to you? Has McCann lied to you or me? If so, prove it. Did Martin Hoekstra and his regime lie to me? If they did, I don’t remember when it was. Don’t confused inability to execute and lead with lying. And don’t project the mistakes a previous regime on the new one. The new regime was very successful at ML’s wealth management division, and they were well-liked and respected by the herd as a result. Even if they did make mistakes back there (who doesn’t), they deserve the benefit of the doubt at UBS. If they mess things up here, then they will pay price. You judge, and you haven’t even met these people. Sounds like the definition for prejuduce to me. What makes me sick are people like you who hide behind some avatar name spewing all kinds of misinformation and hate, but face to face with these folks, you would curl up in the fetal position and suck your thumb. Because you have no facts to back up your claims. Bring new facts to this board or don’t post at all. Have a nice day!

Lew

Lie #1, the alleged payout grid. They hide the real numbers, they rig the system, you drink the koolaid. Lie #2, they knew nothing about the LEH problems before the failure. Lie #3, they were honest - NOT - they engaged in criminal conspiracies to defraud the US government. Many more but those three are clear and irrefutable. 

As for that wonderous magical successful ML team - BWAHAHAHAhahahahaaaa......

ML is GONE. Destroyed by their ineptitude. And you embrace them. How sad. BTW, can you read financials? If so read the latest from UBS, they still are bleeding assets. 

"The question remains the same.  "Where are the customer's yachts?"

Sunbelt nails it!

[quote=borei]

Lie #1, the alleged payout grid. They hide the real numbers, they rig the system, you drink the koolaid. Lie #2, they knew nothing about the LEH problems before the failure. Lie #3, they were honest - NOT - they engaged in criminal conspiracies to defraud the US government. Many more but those three are clear and irrefutable. 

As for that wonderous magical successful ML team - BWAHAHAHAhahahahaaaa......

ML is GONE. Destroyed by their ineptitude. And you embrace them. How sad. BTW, can you read financials? If so read the latest from UBS, they still are bleeding assets. 

[/quote]

#1: the grid is a lie? guess your talking about annuities here, stuff like managed money is pretty clear

#2: LEH, they knew? if they did they where the only ones - you lose your credibility here

#3 The Swiss division had some bad employees, they no longer work at the firm and UBS paid a hefty fine. UBS is cooperating with US justice dept but is stuck between a rock and a hard place as this is an issue involving soverign nations (Tax evasion is not a crime in switzerland). Privacy is a big reason why people bring money to UBS in Switzerland start giving names over to governments and people will take their money out and go to the cayman Islands or somewhere else.  By the way guess what the largest tax haven in the world is? Swiss? nope good ole USA is!! can you imagine if Chavez or Kim Juong-IL demanded the names of citizens who had accounts with US banks!

I just got back from the natl BOM mtg, was very good this place is changing rapidly in a very good way. The new executive team is cutting red tape and BS with a chainsaw.  Tech & product platforms are undergoing rapid changes. Mccanns team is so positive and excited on what they are doing that it will be infectious to the rest of the company. I liked Hoekstra but I think he was stuck in a situation that was not good for his style. the new crew are no BS they will have us lean and mean and be the place to work for high performance individuals.

Mccann said it best "I want to to work with people that want to win but dont have to win"

Borei sorry you "Resigned" before you got to see all the positive change at UBS, best of luck to you.

"#1: the grid is a lie? guess your talking about annuities here, stuff like managed money is pretty clear"

LOL, so you acknowledge that some of the grid is a lie. It is, they lie about the comp they receive and therefore they grossly underpay the advisors.

"#2: LEH, they knew?"

Yep. If you bothered to actually read about the sleaze that run UBS, you'd know they knew. See http://seekingalpha.com/article/194274-how-ubs-profited-from-lehman-s-accounting-duplicity

"#3 The Swiss division had some bad employees, " ...

Sorry, the guy wearing orange worked in the United States and was a US licensed broker. That UBS fired the criminal slime after they got caught isn't much to hang your hat on, but clearly you need something.

As for that infectious enthusiasm, how does that cure a warped and wounded balance sheet? How does that stem massive outflows of client assets? What is the "Unique Value Proposition" that differentiates the UBS offering from any other corporate mastered sales machine?

BTW - remember, you work for an acknowledged criminal enterprise that lies to you and KNEW that Lehman was in trouble all the while they told you (and me) that Lehman Structured Notes were "safe". If you can be proud of that, you deserve what is coming. 

How long do you think it will take this great leadership team that helped destroy ML.

 How long before they can put a final death blow to UBS?    

Six months?

1 year?

I give it 20 months until sold