galt | 🦡 | on Nostr: Credit Suisse is rotten to the core. Unfortunately, Switzerland isn’t letting the ...

Credit Suisse is rotten to the core. Unfortunately, Switzerland isn’t letting the market do its job - it appears that the damage a collapse would cause to Brand 🇨🇭 is greater than $54bn.

Perpetual intensive care, funded by the tax payer, and new batches of executives will come and go to milk the cow.

At least they’ve granted a few banking licenses to #Bitcoin banks. caitlinlong (npub1uyz…8632) it ain’t Wyoming, but they sure could use a few bankers with integrity!