3min chapter

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#1177 Caitlin Long On Bitcoin & The Banking Crisis

The Pomp Podcast

CHAPTER

Credit Suisse and the Rule of Law - What Really Happened?

In the credit Suisse situation, it appears that the bondholders, which normally would be able to recoup their investment or kind of have first in line. And about $17 billion of bonds got wiped. "The rule of law got chucked out the window and it was a very good idea," says Julian Zelizer.

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