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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Credit Suisse (with Mkt Cap = $7B) Rejects UBS's $1B Offer. Swiss Authorities Considering Haircut for Bond Holders!
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Poster Handle
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Anonymous Coward |
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Post Content
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1 billion thats a slap in the face really,shareholders would get burned...
i bet a deal will get done with UBS upping the ante to 4.8 billion before Mondays open.
its to UBS's benefit the Swiss banking industry dont sustain this terrible blemish on their legendary banking image..5 bil is a drop in the bucket and will restore confidence in Swiss banking...
Quoting: Waffles ™ Swiss Government will probably make up the difference with taxpayer money.
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