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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 zx8080 on Wednesday March 15, 2023 @11:11PM (#35177700)
> This has enabled it to be the bank of anyone trying to escape prying eyes - but that is a byproduct of their neutrality; not the purpose of it.

It's been some correlation between "neutrality" and "money" for centuries. They go hand in hand.

Sometimes it's really hard to tell the effect from the cause.

Also, it's easy to imagine "Neutrality brings us moneys! Let's stick with it.". Not saying if it's 100% true, of course.

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Re:Credit Suisse sheds nearly 25%, key backer says no more m... by holgerschurig on Thursday March 16, 2023 @03:05AM (#35179052)
> I's been some correlation between "neutrality" and "money" for centuries.

You state still this falsehoods after I pointed out that

* other swiss pecularities (e.g. their banking laws about anonymous number accounts) might be more to blame

* other european neutral countries didn't exhibit any correlation between neutrality and money?

If you talk about correlation, then you need to take in the full data set. You speak general about neutrality, so take in ALL neutral countries. Malta, Ireland, Austria, Liechtenstein. And maybe even neutral microstates like Vatican.

Only THEN can you come to a conclusion. But not by only focusing on one single country, and extrapolating your observation to all of neutrality.

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Re:Credit Suisse sheds nearly 25%, key backer says no more m... by GoblinSlayer on Thursday March 16, 2023 @03:51AM (#35179314)
They have anonymous accounts??? Like, fully remote?
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Re:Credit Suisse sheds nearly 25%, key backer says no more m... by timmattison on Friday March 17, 2023 @03:20PM (#35201614)
Not anymore - https://www.moneyland.ch/en/numbered-bank-account-switzerlan...
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