Submitted by Kl--------k t3_12115vx in nottheonion
Silver_gobo t1_jdmn98b wrote
Reply to comment by DennisHakkie in Too big for Switzerland? Credit Suisse rescue creates bank twice the size of the economy by Kl--------k
The bank is getting so big that if they needed some kind of bailout, Switzerland alone would be hard pressed to do that. If they didn’t do the bailout the bank is so big the ripple effect is global. A problem is the bank getting out of arms reach of governance
DennisHakkie t1_jdmnsh6 wrote
That sounds pretty reasonable and an angle I wouldn’t have thought of. Thanks!
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