Credit Suisse Net Falls 31% on 2.2B Franc Writedown [View article]
Well, at least the European banks are not as hard hit by the subprime crisis as a lot of the US investment banks. Give their Directors credit for having forsight ( www.newsvisual.com/new... ). As for Credit Suisse, I think they (and the rest of the European banks) will probably bounce back sooner than most of the US banks, maybe not next quarter but probably fairly soon.
Credit Suisse Net Falls 31% on 2.2B Franc Writedown [View article]