Credit Suisse Hidden SECRET for 50 Years! | Massive Cover Up

Today, we delve into a topic that has stirred controversy and raised eyebrows - the secrecy surrounding the investigation into the collapse of Credit Suisse. Switzerland has initiated a parliamentary investigation into the fall of Credit Suisse, leading to its emergency takeover by UBS. But the files related to the investigation will remain closed for 50 years, as outlined in a parliamentary committee document, rather than the typical 30 years. This decision has raised concern among Swiss historians. The Swiss Society for History has expressed its concerns about the length of time, arguing for access to Credit Suisse's archives for a comprehensive understanding of the 2023 banking crisis. The investigation is one of only five of its kind in the country's modern history and is drawing vast public interest. It focuses on the activities of the Swiss government, financial regulator, and central bank before the takeover. The investigation's confidentiality is paramount, with punishments for breaches ranging from being barred from speaking at the committee to potential prison sentences and fines. The committee argues that indiscretions could harm the Swiss financial center's credibility and complicate the investigation. #creditsuisse #bankingcrisis #InvestigationSecrecy

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Credit Suisse Secrets 0:00

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#money #inflation #investing