CS GET CAUGHT ON $2.9 BILLION FRAUD ... this is ONLY the 11th TIME THEY COMMITTED FRAUD
in the last 3 years. Newswire ... Credit Suisse Group AG has agreed to pay at least $400 million (265 million pounds) to settle lawsuits by investors over the Swiss bank's role in raising money for a healthcare financing company that collapsed in a $2.9 billion fraud more than a decade ago.
See, it pays to give kickbacks to the SEC and various Attorney Generals, just like they did in the TVIX lawsuit. In fact, it pays to operate a criminal banking institution.