After making the worst investment decisions in Swiss banking history -Not true, maybe UBS gets the top position here-, Credit Suisse top 2000 bankers pick banks assets at distressed prices (distressed due to their lets-risk-the-house-party-bonus-maximising-mindset) and sell those assets to THEMSELVES with LEVERAGE provided by the BANK.

They saw that Hildebrand could almost get away robbing his shareholders (the Swiss taxpayer), so they decided to rob their shareholders too!

http://www.bloomberg.com/news/2012-0...ky-assets.html

Thanks!

(This is my eighth post on the forum so the Thanks button is not yet visible)

In the words of Gordon Gekko, "Wake up, will ya, pal? If you're not inside, you're outside, okay?"

They saw that Hildebrand could almost get away robbing his shareholders (the Swiss taxpayer), so they decided to rob their shareholders too!

"The bank’s shares advanced 3.4 percent today to 21.70 Swiss francs" !!??