More Too Big to be allowed to Fail news:
Credit Suisse has agreed to pay $495 million as part of a settlement with the U.S. over a yearslong dispute tied to mortgage-backed securities, an investment vehicle that played a central role in the 2008 financial crisis
https://abcnews.go.com/Business/wireSto ... s-91616133
Credit Suisse has agreed to pay $495 million as part of a settlement with the U.S. over a yearslong dispute tied to mortgage-backed securities, an investment vehicle that played a central role in the 2008 financial crisis.
The Swiss bank said that some of the transactions were prior to 2008.
The New Jersey Attorney General, which announced the settlement Monday, filed a lawsuit in 2013 alleging more than $3 billion in damages citing the involvement of Credit Suisse.
Besides the Movies about the 2009 Financial collapse, I found this documentary very enlightening. It's titled "Inside Job" - - - -
Here is the full documentary: https://youtu.be/T2IaJwkqgPk
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