Template:Disaster roll - Credit Suisse

Credit Suisse || Switzerland || Gradual decline into entropy with a 92% decline in share price since 2015. || Hubris, widespread incompetence, stupidity, spying, uselessness. || Billions and billions over a series of avoidable cockups. || Like the old man in Monty Python and the Holy Grail, “I’m not dead. I think I’m going for a walk. I feel happy.” Market (to SNB): “Isn’t there anything you can do?”|| It is not, yet, a crime to make a series of howling cockups over a credulity-defying period any more than it is a crime to not read an AT1 prospectus. Reputations damaged for ever, but alas no porridge, however richly deserved it may seem.