AT1 bond holders at Credit Suisse knew that those are risky bonds but now they are all filling legal actions because they lost them. You would see the same iss

AT1 bond holders at Credit Suisse knew that those are risky bonds but now they are all filling legal actions because they lost them. You would see the same issue. Everyone would go for the risk and when the ship sinks it will be "we are to to big to fail! Who could have predicted this? It's a special situation, etc. etc.".