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Credit Suisse certainly does not encompass all Swiss, but it certainly includes a number of them. https://en.wikipedia.org/wiki/Metonymy https://en.wikipedia.o
by legutierr 4y ago
Credit Suisse certainly does not encompass all Swiss, but it certainly includes a number of them.
https://en.wikipedia.org/wiki/Metonymy https://en.wikipedia.org/wiki/Metonymy
The fact that you are equating this major Swiss bank to bridge salesmen and Nigerian princes kind of proves OP’s point.
- hef19898 4y agoIt seems you did not read OPs comment completely, did you? The second refered to his investment opportunuties that have "not for US citizens" written on them. And Credit Suisse wasn't the most stable bank to begin with, despite being the second largest in Switzerland. So of course their bonds have been riskier than others. On the other hand, hadn't Credit Suisse failed those bond returns would have been higher as well. No idea why people just don't get the link between risk and returns
- roenxi 4y agoInvestment opportunities in major Australian companies. You might have your own thoughts about the Australian market, but we're hardly talking wild risk here. Although, in fairness, Transurban Group probably does sell bridges and Rio Tinto/BHP probably do a lot of business with Nigerian Princes so you might get some irony points. But the profits are there. But let us not get distracted from the main point, the US regulations in the area are the stuff of laughter. They're literally being forbidden from raking in easy money by their own government for no good reason.