Mr.G

Switzerland Strengthens Its Banks; Short Interest Remains Low

I wouldnt touch a swiss bank with a 10 foot pole supposedly they are overleveraged 1200% (not a typo) over switzerlands GDP -the swiss franc could be worthless tomorrow while they sink with their banks (they should have done what they have always done (stay neutral ) - and let the banks fail . they arent recapitalized they are just kept alive to die another day

source: article - ny times sat. Oct. 11th