Credit Suisse surprise writedowns to cut profit by $1 Billion

Quote from mokwit:

This was the bank that had supposedly adroitly sidestepped all this......................................
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yeah, they "sidestepped" into sh.t...:mad:
 
interesting how the blame always goes a 'few traders', when was the last time a cfo took responsability, these guys are paid so much they just cant help it, shareholders need to hold these people to account
 
Ironic how so much of the toxic junk landed on European balance sheets. European banks and tax payers end up subsidizing the US housing rout LOL
 
amazingly and exactly so! which is why you see so few if any worthwhile financial brains in Europe which usually end up in US anyways, sticking it back to the Euro's...lol.

Quote from makloda:

Ironic how so much of the toxic junk landed on European balance sheets. European banks and tax payers end up subsidizing the US housing rout LOL
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Quote from TradStSOX:

amazingly and exactly so! which is why you see so few if any worthwhile financial brains in Europe which usually end up in US anyways, sticking it back to the Euro's...lol.
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Hum...I agree...but bonus payouts and USD meltdown this year may be not worth excessive efforts regarding the usage of "les petites grey nerv cells".... :p
 
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