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Preliminary Analytics | 08.18.09

ubs.jpgUBS tax deal may pave way for bank’s recovery – Actually we really thought the best course of action would to be to drag the whole thing out until armed IRS Agents descended on Zurich. [Reuters]
Schwab Vows Court Fight in Cuomo’s Auction-Rate Securities Suit – Who’s doing all this work? God knows it isn’t AC. [Bloomberg]
Hertz to Photograph Cars in Dent Scan to Boost Damage Payments – Could this be the death of, “It’s just a rental.”? [Bloomberg]
German investor optimism at 3-year high – Zee Germans are leading us out of this? []
CalPERS Backs S.E.C. Move to Open Corporate Ballots – Look out, someone supports a move by the SEC. [DealBook]