Comments by "Kristopher Driver" (@paxdriver) on "The End of Credit Suisse!" video.

  1. What boggles me is the logic here - bond holders only lose if the business is mismanaged, but shareholders are protected, yet only shareholders can impact or oversee the operations of the business. Even without a vite, shareholders have internal access and can represent themselves at general meetings but bond holders just sit outside and wait for the professionals to release the selectively redacted minutes at best.
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  2. "this is an emergency rescue, with national Bank backing and government coercion... But it's absolutely NOT a bailout." removes CHF from forex hold positions immediately lol
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