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Sean Foo: The Fall of Credit Suisse, Bondholders Wiped out, $17 Billion Now Worthless


Sean Foo Mar 21, 2023 Credit Suisse has fallen with UBS agreeing to buy the bank in a shocking takeover. Not only did they get a cheap deal, but the bondholders of Credit Suisse’s high-risk debt were also wiped out. $17 billion is now worthless! Here’s what you must know about the Credit Suisse bailout and how the banking crisis likely isn’t over yet.       All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes. Dinar Chronicles is not a registered investment adviser, broker…

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