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Aged shareholder addressing the annual general meeting of Credit Suisse. There was general anger at the massive bonuses paid out to senior bankers, totalling a staggering 3 billion Swiss francs ($3.12 billion), when the bank had losses of 22 billion in 2008. There was further ire at the apparent indifference to clients who were sold products link to Madoff. The bank lost almost $1 billion in the scam.
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Mark Henley
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No Credit Suisse, Bank on Us
Aged shareholder addressing the annual general meeting of Credit Suisse. There was general anger at the massive bonuses paid out to senior bankers, totalling a staggering 3 billion Swiss francs ($3.12 billion), when the bank had losses of 22 billion in 2008. There was further ire at the apparent indifference to clients who were sold products link to Madoff. The bank lost almost $1 billion in the scam.