Credit Suisse “bail in” and “bail out” was illegal but necessary

Credit Suisse failed, in other words, it broke.

The Swiss government offered a 100 billion credit - debit card that the Swiss people will have to back.

The Saudis held billions in bonds and they got screwed - that's a bail in.

"Defected" digs into this collapse

https://rumble.com/v2dswkc-defected-ep-18-sun-900-pm-et-.html