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A comment on Credit Suisse sheds nearly 25%, key backer says no more money. Parent comment

Re:Credit Suisse sheds nearly 25%, key backer says no more m... by atmosx on Wednesday March 15, 2023 @02:54PM (#35173027)
Wow, this is the best comment I've read in a while. I was one of those ppl who thought that bankers were "getting away with it" but I can clearly see your point here.

Thanks for putting the time to answer.

[ Parent | on HN ]
Re:Credit Suisse sheds nearly 25%, key backer says no more m... by mike_hearn on Wednesday March 15, 2023 @03:43PM (#35173685)
You're welcome!
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Re:Credit Suisse sheds nearly 25%, key backer says no more m... by listenallyall on Wednesday March 15, 2023 @05:30PM (#35175001)
Agreed, great explanation. Also worth noting that US government has forced many industries other than banks to somehow detect, report and/or catch money-laundering activity, while also lacking police power. Any time you hear KYC (Know your customer), anti-money-laundering is essentially the reason.
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