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Simon Helbling, director of the documentary “Game Over – The Collapse of Credit Suisse,” revealed he faced significant pressure to halt production, emphasizing the need for Switzerland to confront the bank's downfall. The film, premiering in Ticino, traces the bank's history from a 1977 scandal to its eventual collapse, highlighting missed opportunities for intervention during key leadership periods. Scriptwriter Arthur Rutishauser noted the detrimental impact of Credit Suisse's US activities and criticized the lack of accountability following a parliamentary inquiry into the bank's failure.
Richard Chandler expresses deep disdain for Rainer E. Gut's leadership at Credit Suisse, criticizing the shift in culture and the prioritization of quick profits over loyalty. He reflects on the bank's decline, particularly after the Archegos and Greensill crises, and calls for Switzerland to hold UBS accountable as it integrates Credit Suisse. Chandler, who retired at 68, remains critical yet loyal to the banking sector, emphasizing the need for responsibility in the new banking landscape.
A Credit Suisse veteran, Richard Chandler, is calling for the return of bonuses awarded to executives despite significant losses, expressing his frustration over their negligence. Having worked at the bank for 53 years, he highlights a culture of prioritizing quick profits and criticizes past leadership for their role in the bank's decline. Chandler, who praised former CEO Oswald Grübel for his understanding of banking, began to lose faith in the institution following the Archegos and Greensill scandals.
Richard Chandler, the longest-serving employee at Credit Suisse, reflects on his 53 years with the bank, expressing anger at former executives for their negligence and the culture shift towards profit over loyalty. He highlights the detrimental impact of investment banking on the bank's values and calls for accountability as Credit Suisse faces its decline. Chandler's career, marked by scandals and crises, culminated in his retirement as he could no longer witness the bank's downfall.
Simon Helbling, director of the documentary "Game Over - The Collapse of Credit Suisse," revealed he faced significant pressure not to produce the film, emphasizing its importance for Switzerland to confront the bank's troubled history. The documentary explores key events leading to Credit Suisse's downfall, including its expansion into the U.S. and the costly decisions made over the years. Arthur Rutishauser, the film's scriptwriter, noted that while a parliamentary inquiry uncovered many facts, it failed to assign blame for the bank's collapse.
The director of the documentary "Game Over - The Collapse of Credit Suisse," Simon Helbling, revealed he faced significant pressure to not produce the film, which explores the bank's troubled history, including its U.S. expansion and eventual demise. The film highlights critical events, including the 1977 Chiasso scandal and the bank's costly decisions leading to its collapse, ultimately taken over by UBS in 2023. Meanwhile, the EU General Court confirmed a €172 million fine against UBS for cartel activities, and the Federal Court annulled the election of Senator Simon Stocker due to residency issues.
"Game Over - The Fall of Credit Suisse" is a documentary that explores the downfall of Credit Suisse, culminating in its takeover by UBS in March 2023. Investigative journalist Arthur Rutishauser traces the bank's troubled history back to the 1977 Chiasso scandal, highlighting issues of greed, poor management, and regulatory troubles that plagued the institution over the decades. The film combines contemporary witness accounts and archival material to present a fast-paced, impactful narrative of the bank's decline.
Simon Helbling, director of the documentary "Game Over - The Collapse of Credit Suisse," revealed he faced significant pressure not to produce the film, emphasizing the importance of addressing the bank's troubled history for Switzerland. The documentary explores key events, including the bank's expansion into the U.S. and its eventual downfall, highlighting critical decisions made over the years. Arthur Rutishauser, an investigative journalist, noted that while a Parliamentary Commission of Inquiry uncovered many facts about the collapse, it failed to assign responsibility.
Simon Helbling, director of the documentary "Game Over - The Collapse of Credit Suisse," revealed he faced significant pressure not to produce the film, emphasizing the importance of addressing the bank's downfall for Switzerland. The documentary explores the bank's history, including its expansion into the U.S. and the factors leading to its demise, while a forthcoming series will delve deeper into the most impactful stories. Arthur Rutishauser, the film's scriptwriter, noted that despite revealing critical insights, a parliamentary commission's report failed to assign blame for the collapse.
"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.
Rainer Gut
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