Birdwatch Note Rating
2023-05-17 15:29:08 UTC - HELPFUL
Rated by Participant: 714E978A23BE336A929178717E696FF4F99EAD9AA46CF0038EFB7B976344D1AB
Participant Details
Original Note:
Here is relevant context from the same article: “UBS also expects to offset this by booking a one-off $34.8 billion gain from so-called "negative goodwill," which refers to the acquisition of assets at a much lower cost than their true worth.” https://www.cnbc.com/amp/2023/05/17/ubs-expects-17-billion-hit-from-credit-suisse-rescue-flags-hasty-due-diligence.html
All Note Details