Credit Suisse Chairman: ‘I Am Truly Sorry’

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At Credit Suisse's annual meeting, shareholders expressed their anger at the bank’s management and board for failing to save the storied institution

Credit Suisse Group AG’s annual shareholder meeting Tuesday was supposed to be. Instead, it became the final chapter of its nearly 167-year-old history.

Security was tight and check-in was slow for some 1,750 shareholders who showed up at the hockey stadium in the north of Zurich, normally home to concerts and comedians. It was the first Credit Suisse annual meeting held in person since the Covid-19 pandemic took hold in early 2020.

 

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How funny like that actually mean something.

Go Woke Go Broke

Yelling ain’t gonna do it.

And what part of their compensation did management agree to return? Will assume it begins (and ends) with zero.

Forget it, EU has more problems to come.

You snooze…you looze… a sh*t ton of money! 💰

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