Credit Suisse bailed out by Swiss National Bank - $54B, the grift that just keeps giving - Upgoat

Credit Suisse bailed out by Swiss National Bank - $54B, the grift that just keeps giving
submitted by FuckShitJesus to FinancialNews 1.6 yearsMar 16, 2023 12:32:09 ago (+11/-1) (www.cbc.ca)
https://www.cbc.ca/news/business/credit-suisse-shares-recovering-1.6780519

Churn & burn that currency debasement, baby.

It pays to be a bank. Make all the bad bets you can, give endless bonuses to your executives, and get bailed out when you fail.

Ever tried to start a bank? Guess what - you can't unless all the others vote you in!

George Carlin put it best: "It's a big club.. AND YOU AIN'T IN IT!"

6 comments block

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[ - ] scholarandrogue 0 points 1.6 yearsMar 16, 2023 18:26:02 ago (+0/-0)

pretty sure having to borrow money to stay in business is not restoring trust.

[ - ] SumerBreeze 0 points 1.6 yearsMar 16, 2023 12:57:37 ago (+0/-0)

George Carlin married a disgusting jew.

[ + ] DivineLight2

[ - ] DivineLight2 1 point 1.6 yearsMar 16, 2023 15:13:54 ago (+1/-0)

Trying to get into that club.

[ - ] deleted 1 point 1.6 yearsMar 16, 2023 12:35:42 ago (+1/-0)

deleted

[ + ] FuckShitJesus