In this episode we’ll take a look at the rise and fall of Credit Suisse. From secret spies to money laundering, fraud and a mysterious death. The firm could be considered one of the worst banks in the world.
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Producer: Dagogo Altraide
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For me the credit in Swiss banks has been eroding since they comply to US money laundering pressure. We know they call it money laundering but that's actually US sanction. They comply for what? Moral high ground that they help fight crime? Since when does banker ever have or have to care about moral high ground. I also know that once you comply to bully, they never stop. It starts with the claim of money laundering, then all every other crime, then arbitrary sanction, then political affiliation. Swiss banks were great when they were independent and strictly business minded. Once they try to play a good guy, they're trading their customer's value for banker reputation – a game they will never win.
I still have one account with them. I think the merge went on smoothly as nothing have changed with my number.
Too many ads
Some video I watched that India become new Swiss
It's an open secret that the swiss banks and nation got filthy rich during WW2 when millions of jews and millions of nazis deposited all their funds and case of nazis stolen funds to anonymous swiss bank deposits and were never able to regain the money, since they and their relatives all died. Swiss banks have been living of that money ever since and that's why the Swiss financial sector is so strong and how the swiss nation thrives. Any criminal, dictator, drug cartel, mafia boss, oligarch and corrupt politician has a bank account in Switzerland.
This video actually makes Credit Suisse sound pretty cool. Which they probably aren't.
The swiss cheese has started melting πππππ
All banks are evil businesses reality check.
Very nicely put together. Seems bankers these days are just degenerate gamblers with other people's money that all-in till it inevitably loses and still walk away better off for the experience.
As someone who worked at CS, I can confirm that the "culture" was insanely toxic there, which is mentioned several times during the video.
The worst job I have ever had.
Deutsche bank is just as bad
Give me the power to print money and i care not who makes its laws.
Nathaniel Rothschild.
People need to learn more about this banking family and maybe there will be a brighter future for the generations to come.
10:42 βStashedβ – not only stashed, the UK branch actually legalized that money by buying property for them in the west with those dirty money.
Dagogo so what do you think is the solution to all these Banking Failures. Do you believe that there is a need to revise the company's policies on "Limited Liability" documentation?
The implementation of an "Unlimited Liability" policy could be a smart move in curbing the illicit activities that are currently taking place within banks. This policy would ensure that all individuals involved in any action taken by the bank would be held personally and financially accountable for their decisions. It would act as a tool for proper corporate governance, which would result in more transparency and accountability, ultimately leading to better banking decisions.
DeFi solves this.
Dagogo makes the best videos !
πSuch banks should just fully be destroyed after the second of such incidents. It seems that once a company is that deep in the mud, no amount of fine or exchange of executive can dig it out again.
This is like Pablo Escobar lending money to Mexico government
Bottom line
If u try to touch America in any way, you will need to think about your survival, no matter what or where u from π
Honestly why the hell os hiding Iranian transection from US authorities an issue? Should they give Iranian authorities information on US transections?
Was this video pulled for a while since release? I tried to watch it yesterday and it wasn't in my sub feed and didn't display on your channel – weird bug or temp pulled?
Excellent video!
I remember when I was young people used to say "corrupt politicians and criminals put all their money into suisse banks. The banks protect their money from the police". I thought it was just some racist joke