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the rise and fall of credit suisse a documentary exploration
"Game Over - The Fall of Credit Suisse," a documentary by Arthur Rutishauser, chronicles the bank's decline from the Chiasso scandal in 1977 to its eventual collapse, highlighting the impact on employees and the Mozambican community affected by the tuna bonds fiasco. The film features interviews with key figures and critiques the bank's culture of excessive bonuses and lack of accountability among its executives. Set for release on March 27, it aims to shed light on the turbulent history of this once-prominent Swiss institution.
documentary exposes downfall of credit suisse and its greedy management
"Game Over" premiered in Zurich, detailing the downfall of Credit Suisse, starting from the Chiasso scandal in the 1970s. The film critiques a series of greedy managers, highlighting their role in the bank's collapse while also showcasing the victims of its corrupt practices, including the Mozambique Tuna bonds scandal. Richard J. Chandler, a long-time employee, defended the bank's Swiss operations, suggesting not all was negative.
credit suisse downfall rooted in character flaws not capital issues
The PUK report on the Credit Suisse debacle fails to address the critical issue of character, attributing the bank's downfall more to a toxic mindset than to insufficient capital. Key figures, including Chairman Urs Rohner, exemplified a culture of greed and recklessness, leading to disastrous consequences. The report highlights systemic failures by regulatory bodies but overlooks the profound impact of leadership on the bank's fate.
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