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UBS' Pain Is a Boon for Goldman and JPMorgan

By Jim Cramer

 About this article:
 Here it is: The Swiss are giving up the UBS names. Tons of names, part of the endless negative articles about UBS. That's right, UBS is giving up 4,000 account names to the U.S. government. I know, by this point, that the eyes eyes glaze over about the investigations of the clients, about the compromises that have led to a level of scrutiny that the rich hate. And when I read about them, I think one thing: what UBS loses, the Goldmans and JPMorgans of the world win. Why those two? I think they are coming through this period as the places for the rich to keep their money, and the rich are the greatest clients in the world. They trade, they need investment banking help, they keep their assets at the firm, they are stable, reliable customers. As recently as two years ago, UBS...

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