Credit Suisse "too big to fail?" Isn't that what they said about Lehman and Bear Stearns 15 years ago?

Posted by bubah1mau 2 years, 2 months ago to Economics
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Ironically, the current chairman of Credit Suisse is Axel Lehmann (yes there is an additional "n"). CS has already been bailed out one time with $7B by the Fed (last year). Is Fed prepared to throw good money after bad? (Stock has never recovered and set new low last week.) When confronted, Chairman Lehmann apparently gave Swiss government examiners troubling statements regarding disposition of client withdrawals as his statements remain "under review." .
SOURCE URL: https://realmoney.thestreet.com/investing/financial-services/credit-suisse-and-the-ghost-of-lehman-16116670


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