How Did UBS Recommend Puerto Rico Junk for Mom and Pop Clients?

How on earth could trusted, so-called UBS “financial advisors” recommend that conservative and retired investors in Puerto Rico fill their accounts with Muni Bonds which have near junk ratings? That’s the call the firm made for conservative investors, and it’s shocking to hear what has happened to thousands of trusting and unwitting investors. A casual [...] View the full post at: How Did UBS Recommend Puerto Rico Junk for Mom and Pop Clients? Related posts: S&P Downgrades 15 More Co.’s to Junk in June Junk Bonds in ‘Goldilocks’ Market Reach Record: Credit Markets Junk bond maturity sparks financial fears