Behold the Powerful Swiss Approach to Convertible Debt

09/20/2009 05:12 am ET | Updated May 25, 2011
  • Minyanville Minyanville

Editor's note: This article was originally published on the Buzz & Banter. It's being reposted here for the benefit of the Minyanville community.First to my comment earlier this week on the FDIC note that the media are already talking about additional "special assessments" from the FDIC to cover shortfalls in the insurance fund.And again I'd recommend that investors think of "special assessments" as recurring one-time charges. And depositors should anticipate lower yields and higher transaction fees as a result.Second I'd contrast the Swiss government's sale of its stake in UBS (UBS) with the US government's TARP program. Back in ...

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