- a deal done in double-quick time behind closed doors on Mar 19.
The merger triggered unease among the public and lawmakers alike, with the country's second-largest bank rapidly imploding after 167 years in which it helped finance Switzerland's industrial growth. "The alternative would have been a bankruptcy of Credit Suisse ... accompanied by a probable collapse of the Swiss economy," Finance Minister Karin Keller-Sutter told Saturday's Le Temps newspaper.
The National Council wants to examine the guarantees granted to prop up the rescue, the possibility of legal action against Credit Suisse's governing bodies and the regulation of banks considered"too big to fail".ALL PARTIES IRKED
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