As if UBS is any less of a dumpster fire...

Good riddance.

Yada Yada Yada: Central banks try to calm markets after UBS deal to buy Credit Suisse

Credit Swill should’ve been closed down years ago under the RICO Act.

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This is so ridiculously quaint, from 1977:

Through shady dealings by its branch at Chiasso on the Italian border of which the bank's Zurich headquarters supposedly was unaware, Credit Suisse faces losses that state prosecutors estimate could run to $400 million.

That would make the loss the largest in Swiss banking history and among the largest suffered by banks anywhere.

Imagine - a four-hundred MILLION dollar loss was then the “largest in Swiss banking history and among the largest suffered by banks anywhere.”

This Not Jim Cramer chart sure has aged well over the years:

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