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Yes, This Is a Bailout of Credit Suisse
The Compound and Friends
What Happened to the Swiss Bond Market?
Jesselyn Ifill: It's an immaterial number to UBS given the 500 billion in assets and liabilities. The reality is that what those bonds were at risk for is pretty explicit, she says. "You just never think it's going to happen and it rarely does happen," ifill says. In the U.S., investors lost lawsuits against GM bondholders but came back; they've done same with GSEs.
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