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Credit Suisse: Bank bailout damages Switzerland’s reputation for stability | Today Headlines

Credit Suisse: Bank bailout damages Switzerland’s reputation for stability
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Despite scandals over the years related to the secret bank accounts of dictators (including Ferdinand Marcos of the Philippines, Congolese dictator Mobutu Sese Seko and many others), or the money laundering of drug barons and tax evaders, Swiss banks have clung to this reputation. symbolized by Roger Federer: strong and reliable.
Credit Suisse: Bank bailout damages Switzerland’s reputation for stability
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