2 chapters across the catalog
UBS is reportedly reclassifying conservative bond clients as "aggressive" investors to protect the bank from future lawsuits. This move is interpreted as a sign of an impending "Bondpocalypse" where bond prices may drop significantly as interest rates eventually rise.
Financial Regulation and the Lisbon Treaty
Discussion turns to the long-term impact of the Madoff scandal on global financial regulation. The hosts also link President Obama's recent outreach to Ireland to the upcoming referendum on the Lisbon Treaty, which is seen as a key step in centralizing European power.
