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re: UBS agrees to buy Credit Suisse for more than $2bn
Posted on 3/19/23 at 3:23 pm to saint tiger225
Posted on 3/19/23 at 3:23 pm to saint tiger225
quote:Got to love western democracies, am I right?
with the Swiss government planning to change laws to bypass a shareholder vote on the deal
What a joke.
Not to mention that this will likely have a negative effect on the whole situation.
This post was edited on 3/19/23 at 3:24 pm
1
Posted on 3/19/23 at 4:34 pm to Scruffy
quote:Meh. Everyone is always complaining about bailouts - this is aggressively the other way. And shareholders have likely gotten very comfy relying on de facto govt guarantees. These two banks seem always in difficulty.
Got to love western democracies, am I right?
What a joke.
Not to mention that this will likely have a negative effect on the whole situation.
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