Why Does Credit Suisse Still Exist?

by John Rubino
Dollar Collapse

Most of today’s big banks are, at their core, criminal entities. But the Swiss banks — with their cultural history of providing anonymous storage for the world’s ill-gotten gains — are arguably the worst of all. Here’s a book (fiction with the ring of truth) on how the Swiss aided and abetted the Nazis.

More recently — in fact today — there’s this from CNBC:

Credit Suisse was scrambling Sunday to contain the fallout from its latest scandal after several newspapers reported that more than 18,000 leaked accounts showed that criminals, alleged human rights abusers and sanctioned individuals had been clients of the Swiss bank.

The leaked information, which covered accounts holding more than $100 billion, came from a whistle-blower who shared his findings with German newspaper Süddeutsche Zeitung, according to a press release. The accounts had been opened from the 1940s into the 2010s, according to the Sunday release from the Organized Crime and Corruption Reporting Project.

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