Switzerland's KOF economic research institute found that 48% of the 167 university economists it questioned would have preferred a state takeover and possible later sale of Credit Suisse.
Only 19% of the economists in the poll, which was conducted with newspaper Neue Zuercher Zeitung, thought the UBS takeover was the best option, although supporters said it meant financial markets could be stabilised quickly and work on restructuring Credit Suisse could start promptly.to buy its cross-town Zurich rival Credit Suisse for 3 billion Swiss francs in a deal engineered by the Swiss government, central bank and market regulator to avoid a meltdown in the country's financial system.
The remaining 6% of respondents favoured other options, including a takeover by a foreign bank, or a pledge of massive support from the SNB to support Credit Suisse.
If Swiss keeps greedy for CCP bloody corrupted money, their banking system will end up like Credit Suisse according to the Murphy’s Law.
This is still very risky. Swiss regulators might have been better to spend the time to do the digesting of Credit Suisse rather than quickly sweeping it under the rug to forestall panic.
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