Choosing the "swiss" UBS (1) to officially enter the phase of "collapse of major banks", which in the timeline is located at the end of illuminati overtime (2), is just what you would expect. Why? See the illuminati mind control techniques which I explained in detail in the last years (3).
In this case it is primarly the "shock and awe" mind control technique. Reminder: in the early stages of illumianti overtime, a milestone in the usage of this technique, was the Swissair "grounding", 3 weeks after 9/11.
Illuminati's Wikipedia on that subject: "For most of its 71 years, Swissair was known as the "Flying Bank" due to the financial stability of the airline, causing it be regarded as a Swiss national symbol and icon." (4)
This time it is an international symbol of "financial stability". The exponential curve on the move.(5)
Notes
(1) UBS Faces `Substantial' CDO Losses, CreditSights Says
Nov. 19 (Bloomberg) -- UBS AG, Europe's largest bank by assets, may have lost as much as $9 billion on collateralized debt obligations, according to CreditSights Inc.
The losses would be almost half the Zurich-based bank's $20 billion of top-rated CDOs, securities based on underlying assets. CreditSights, the independent research firm in New York, based its analysis on the bank marking down its holdings to prices indicated by benchmark indexes rather than methods used by UBS.
``While we do not expect it to make the additional $9 billion of writedowns estimated by our model, we do not see how it can avoid further substantial losses,'' CreditSights analysts led by Simon Adamson in London said in the report.
``UBS is by far the most vulnerable bank in absolute terms'' out of the nine European banks surveyed by CreditSights, the report said
(2) Who are the Illuminati? : http://who-are-the-illuminati.blogspot.com/
(3) http://www.google.com/search?hl=en&q=MattMarriott+%22mind+control+technique%22
(4) http://en.wikipedia.org/wiki/Swissair
(5) http://www.google.com/search?hl=en&q=MattMarriott+%22historical+articles%22+curve
Added Oct 24, 2008: almost one year later, it's now finally official in illuminati media:
"Cash Run begins in ... Swiss Banks" (short after Begin of End Time Billions Bailouts, as predicted by End Times Prophet)
http://end-times-data.blogspot.com/2008/10/cash-run-begins-in-swiss-banks-short.html
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