GIC invest in UBS

This is another high profile capital injection exercise. GIC is invited to take a stake in UBS. Eventually, GIC could own up to 9% of the swiss lender. This news came after the citi group capital injection. Generally, the financial industry is well supported. There are deep pocket players willing to invest in the institution in trouble. Thus, there would be stronger confidence on the sector.

This is also a classic case of crisis means opportunity. When something is down and out, it is easier to make the buy decision. Once the tide turn and good time return, I think it would be quite rewarding.

May all the investor shake off the confidence crisis and pick some real bargain.