Special: Is another financial crisis inevitable?
Word on the Street
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Introduction
The two Swiss banking banamoths, Credit Suisse and UBS, a grid merger over the weekend. This is perceived as a bit of a sort of shotgun wedding in truth to use kind of slang with Credit Suisse's confidence problem. The deal also includes support from the Swiss federal government,. So the Swiss national bank will offer a liquidity line of 100 billion Swiss francs. Large numbers everywhere, and I think that's really the point.
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