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Tuesday, October 31, 2006

Swiss Bankers Investigated for Manipulating Treasuries Market
"The two giant Swiss investment banks, UBS and Credit Suisse, are under investigation over possible manipulation of the market in US government bonds.

One Credit Suisse bond trader said to be caught up in the investigation has recently left his position, and UBS said yesterday that it was co-operating with an investigation by the Securities and Exchange Commission, Wall Street's regulatory body."

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