>However, they were also not obligated to internationally announce that they in particular aren't giving them any more money. Hmm, I think you're reading into

>However, they were also not obligated to internationally announce that they in particular aren't giving them any more money. Hmm, I think you're reading into it way more than there was. The messaging from the Saudi NB was more 'We're not putting more money in because we're happy enough with the plan to turn CS around, and anyway.. we couldn't if we wanted to because...' But that doesn't sell clicks, so the media turned it into a 'man bites dog' story to scream that the SNB was abandoning CS to its fate and it's all doomed. >they shouldn't have said anything. Yes in that situation keeping schtoom would have been the better thing to do, but not everybody can get it right every time. However I doubt very much whether the SNB hoped to wound us evil people in the west as they seem to be mostly rational market participants hoping to make a long term bet on a Swiss bank.