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Message Subject Credit Suisse (with Mkt Cap = $7B) Rejects UBS's $1B Offer. Swiss Authorities Considering Haircut for Bond Holders!
Poster Handle Malleus
Post Content
1 billion thats a slap in the face really,shareholders would get burned...

 Quoting: Waffles ™


$1 billion for a bank that's in the red and about to collapse? Tough shit for shareholders. You gamble when you buy stocks, and they lost.
 
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