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Special Report: Investors Chasing Morgan's Biggs After $25 Million Ruble Loss

 

It must have been his sunny disposition that won them over.

Swiss financial giant UBS says big-time Wall Street strategist Barton Biggs, known for his less-than-optimistic view of the markets, personally persuaded the company to invest a client's assets in an offshore fund that blew $25 million on an ill-fated bet on Russian securities.

Now, UBS International Trustees is suing Biggs and his employer, Morgan Stanley Dean Witter (MWD Quote). ...

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