UBS’s Acacia CDO With S&P’s Safest Grade Stung Midwest Investors

UBS’s Acacia CDO With S&P’s Safest Grade Stung Midwest Investors

Valentin Flauraud/Bloomberg

Pedestrians are reflected in the window of a UBS AG bank branch in Geneva. Acacia Option is one of dozens of deals listed in the government’s lawsuit that received S&P’s highest AAA grade.