no it shouldnt have because even in their disclosure it was above stocks in the order of write offs. the swiss follow the exact letter of the law. the only reason other countries are "distancing" themselves from it is because they dont want a mass sell off on that type of security, which was always meant to be risky thus the high yield. It is also why people are "considering" legal actions instead of wasting money fighting it since they have no case. read CS's disclousre for those bonds, they got a chart describing exactly that.

how many times do i have to write THERE ARE DIFFERENT TYPES OF BONDS before you understand? read the description of those bonds in their investor disclosure jesus christ.

because the bond they were holding are meant to be written off to save the balance sheet. its entire purpose was to get written off when the bank faces financial trouble, thats why it paid some crazy return like 12%. not all bonds are same, CS was very clear on their paperwork and website regarding those bonds they even have them above stocks in the pecking order of what to get written off first. only idiots think this is something strange, the world of finance is more complicated than what these reddit armchair expert think.

selling puts on this undying turd is going to pay for my european vacation. litetally 15% return every week with a 10 dollar cost basis even if it get excercised.

is there anything the chinese cant ruin?

let spent a decade actively trying to kill the industry so everyone is rightfully scare to invest in new oil wells....pikachu face when the industry charge more for whatever oil they got left to produce. classic