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A comment on Credit Suisse finds ‘material weakness’ in reporting, scraps exec bonuses. Parent comment

Re:Credit Suisse finds ‘material weakness’ in reporting, scr... by topper-123 on Tuesday March 14, 2023 @11:29AM (#35153092)
Even if if doesn’t fail, the shareholderd might be wiped out though.
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Re:Credit Suisse finds ‘material weakness’ in reporting, scr... by HDThoreaun on Tuesday March 14, 2023 @01:06PM (#35154704)
Shareholders being wiped out doesn't affect bond holders.
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Re:Credit Suisse finds ‘material weakness’ in reporting, scr... by latchkey on Tuesday March 14, 2023 @01:46PM (#35155416)
What if bond holders are shareholders?
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Re:Credit Suisse finds ‘material weakness’ in reporting, scr... by rblatz on Tuesday March 14, 2023 @01:57PM (#35155617)
Their share value will be wiped out, and their bonds won’t be.
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Re:Credit Suisse finds ‘material weakness’ in reporting, scr... by warbaker on Tuesday March 14, 2023 @04:58PM (#35158470)
Usually bondholders are also wiped out during a bailout. Bailouts are generally for customers / counterparties, not investors.

Sometimes in a bankruptcy, bondholders take a "haircut" and agree to get less money back because the company simply can't pay them what they're owed.

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