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How can a world-rank Swiss banking giant reputed for its seriousness and cautiousness have gotten mired in the financial markets debacle? Why did the number one wealth management bank invest in high-risk markets? What connection is there between UBS and two million American households which have been dispossessed of their homes? Steven Artels conducted an investigation in Switzerland and the United States to shed light on how, within the space of a few months, UBS registered a loss of $38 billion: a debacle that cost two million American households their homes.

Switzerland - 2008 - Betacam Digital • 16/9 • PAL - Colour

Director Steven Artels Writer Jean-Daniel Bohnenblust Camera Jacques Mahrer Sound Giovanni Del Gaudio Editing Patrick Guignet Music Laurent Jespersen

Production Télévision Suisse Romande / Radio Télévision Suisse, 20, quai Ernest-Ansermet, Case postale 234, 1211 Genève 8, Suisse Tél : +41 (0)22 708 2020 Fax : +41 (0)22 708 9868 E-mail : webmaster@rts.ch

Sales Isabel Borel Télévision Suisse Romande / Radio Télévision Suisse, Isabel Borel, 20, quai Ernest-Ansermet, Case postale 234, 1211 Genève 8, Suisse Tél : +41 (0)22 708 8565 Fax : +41 (0)22 708 9868 E-mail : isabel.borel@tsr.ch