Switzerland needs to compromise on UBS Capital, Swiss People’s Party says
https://theedgemalaysia.com/node/771880
Posted by Sufficient-History71
Switzerland needs to compromise on UBS Capital, Swiss People’s Party says
https://theedgemalaysia.com/node/771880
Posted by Sufficient-History71
3 Comments
UBS was allowed to become too big to fail and now it is holding the Bundesrat and the country hostage.
BTW, Aeschi, who made this statement as the chairman of the Parliament’s Committee for Economic Affairs had called Nigerians rapists and didn’t suffer any consequences because of that.
Too big to fail is always “fuck the taxpayers, they pay if it fails”, this 21st century experience of holding the hands of all banks and let them loose as much money as they want will not turn out well, the cost to the governments handing the bailouts is just to big. There should be more scrutiny on the risk management of all of these institutions.
hahahahahahaha
Spineless. If they want to go, let them. But treat them like the american bank they want to be in that case. including forcing them to drop the “S” just as a petty departure gift.