Site icon Premium Alpha

The debacle that’s the Credit score Suisse “Bail Out” exhibits that no one cares about retail traders

The debacle that’s the Credit score Suisse “Bail Out” exhibits that no one cares about retail traders



This units a really dangerous precedent for Switzerland. Share holder rights have been circumvented by emergency regulation.

I don’t suppose that UBS needed this deal nor the Swiss authorities. However I hope what occurred doesn’t finish with out penalties for these concerned on this catastrophe.

How the Swiss ‘trinity’ compelled UBS to avoid wasting Credit score Suisse

submitted by /u/youngneggus
[comments]



Source link

Exit mobile version